12/18/08 Rick Rubin May Get The Boot

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Rick Rubin may lose his spot as co-head-honcho at Columbia Records. Fox News, via Roger Friedman, is reporting that executives at Sony are not happy with Rubins moves, including producing albums for record companies. Rubin recently produced Metallica's new album 'Death Magnetic' released on Atlantic Records, plus he is currently recording tracks for U2, who is signed to rival Universal Music Group. The suits at Sony also reportedly don't like that Rick moved his office to a expensive spot in Beverly Hills (which allegedly he doesn't even use). The Fox news report said the label plans to "offload him to a side label deal, and remove him from the main company."

Rick Rubin is best known for co-founding Def Jam Records with Russell Simmons and being the first DJ for the Beastie Boys, who he also signed along with Public Enemy. In 2007, Time Magazine listed Rick Rubin as one of the 100 most influencial people in the world. Rubin has worked with Jay-Z, Shakira, Red Hot Chilli Peppers, LL Cool J and Johny Cash. You can check out Rick in Jigga's famous "99 Problems" video.

Source: http://www.rapbasement.com/rap/121808-s ... cords.html