*Based on a statement released by Chuck D, Universal Music Group has decided not to replace Shawn "Jay-Z" Carter as president of Def Jam Records – a move the former Public Enemy front man calls "disappointing."

       Chuck's statement reads: Its sort of expected, and a primary reason why the music business has collapsed.  The sports world relies on a mix of business people, coaches, ex-players and players to further an organized growing path in what it does.  It's why it does well and we remain fans.  I'm embarrassed at how musicians and artists in other genres of music make us appear to be greed-infested, structureless idiots when it comes down to the organization of black music and culture.        

        And it's quite clear that these folks could care less.  The same thing that happened to MOTOWN is DEF JAM's fate.  In my opinion, the fact that 10 -15 individuals in the guise of hovering buzzards are given keys to the culture based on their alliances with these corporations, is a partial reason for the troubled condition it's in. Hence music, and especially this urban, black, whatever you wanna call it, is an incestuous inner circle of usual suspects that are financially trusted over black culture by a select 'other few.'  It's evident that we are not the same people.

                                                                                                        Chuck D.