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=== Music industry === From 2005 to 2007, Jay-Z was inaugurated as the president of Def Jam Recordings. Under Jay-Z's leadership, Def Jam launched the successful careers of contemporary R&B singers [[Rihanna]] and [[Ne-Yo]]. At the end of 2007, after he released [[American Gangster (album)|''American Gangster'']], Jay-Z decided not to renew his contract as the president and CEO of Def Jam. Shortly after, he started his [[Live Nation Entertainment|Live Nation]] venture, [[Roc Nation]].<ref>{{Cite web |title=Jay-Z Stepping Down As Def Jam President/CEO |url=https://www.mtv.com/news/qm66bk/jay-z-stepping-down-as-def-jam-presidentceo |access-date=October 28, 2022 |website=MTV |language=en |archive-date=October 28, 2022 |archive-url=https://web.archive.org/web/20221028100748/https://www.mtv.com/news/qm66bk/jay-z-stepping-down-as-def-jam-presidentceo |url-status=dead }}</ref> In April 2011, it was reported that Jay-Z had outbid executives at [[Universal Music Group|Universal Music]] and [[Jive Records]] to acquire independent record label [[Block Starz Music]].<ref>{{cite news |date=April 20, 2011 |title=The NYC Power List |work=The Hollywood Reporter |url=https://www.hollywoodreporter.com/news/nyc-power-list-179993 |url-status=live |access-date=April 21, 2020 |archive-url=https://web.archive.org/web/20191205022120/https://www.hollywoodreporter.com/news/nyc-power-list-179993 |archive-date=December 5, 2019}}</ref><ref>{{cite web |date=April 4, 2011 |title=Jay Z | Jay-jay Z Acquires Independent German Label |url=http://www.contactmusic.com/news/jay-jay-z-acquires-independent-german-label_1211060 |url-status=live |archive-url=https://web.archive.org/web/20140707171810/http://www.contactmusic.com/news/jay-jay-z-acquires-independent-german-label_1211060 |archive-date=July 7, 2014 |access-date=August 9, 2014 |publisher=Contactmusic.com}}</ref>
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