Beanie Sigel-"I am no longer under Def Jam, signed with Def Jam, or dealing with Def Jam or Rocafella at all."
Beanie Sigel recently did an interview with Fader magazine. In the interview he says he is no longer working with Def Jam and talks about his upcoming mixtape. According to Beanie: I had my own label, State Property Records and the set up of the deal was
that I get some overhead. Just like they deal—Rocafella with Def Jam—I wanted
the same thing. That was promised to me and it didn’t happen.
I’m not even gonna speak on it, even with me and Jay’s relationship right now. I
will be in the near future after I have another conversation with him, and I
haven’t had that conversation with him yet. I’ll save that for the album, when the album drop.
And—not to cut you off—that’s how the mixtape came about under Def Jam. That’s
like a gift from me for leaving them. Because I had a deal on the table with
Koch and they was giving me some money to put out this mixtape that I was doing.
So I gave Def Jam that option—“I’m leaving here, but what I’ll do for y’all: I
got a deal right here from Koch, and they gonna give me this amount of money. If
you can match this or come better I’ll let y’all put the mixtape out and that’ll
be my gift to y’all for leaving.”
Full Interview
