It has long been rumored that L.A. Reid was to leave Island Def Jam.  Now it looks like it is official.  The musical chairs of the music business continues.  According to the Hollywood Reporter:

  • It was long rumored and now looks like it’s come true: Island Def Jam chairman Antonio “L.A.” Reid will be a judge on Fox’s The X Factor.Sources tells The Hollywood Reporter “it’s a done deal.” Reid, whose contract with Universal Music is up in December, will get an early release so that he can take part in Simon Cowell’s show, which awards a Sony Music recording contract worth $5 million to the winner. Auditions for The X Factor begin March 27 in Los Angeles.

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