Producer and songwriter Static Major dies.

Lil Wayne says his album, Tha Carter III, will be released in April.

TVT Records (home of Lil Jon, Ying Yang Twins, and Pitbull) closes down after 22 years in the business.

Nas says his album, Nigger, will be released in April.

Eazy-E's wife Tomica Woods-Wright is the CEO of the re-formed company.

Ruthless Records returns, with help from Sony.

DJ Khaled initializes a label under Def Jam, called We The Best Music.

The Game was given 2 months in jail because of his several incidents of violence.

MTV president Christina Norman leaves her position.

A tabloid is circulated, that says Benzino was with Fat Joe's wife in the past, but the magazine was later found out to be fake.

Devin the Dude leaves Rap-a-Lot Records.

Joell Ortiz leaves Aftermath Entertainment after not being able to produce music at the rate he wanted to.

Reid is named Def Jam President, after Jay-Z stepped down to pursue other options.

Flo Rida breaks a digital sales record, by selling over 470,000 digital units in one week.

Twista launches a new label called the Get Money Gang.

Eminem was rushed to the hospital due to complications of pneumonia, and reports said his weight had exceeded 200 pounds.

Blige, and Wyclef Jean are listed in the Albany, New York Times Union list of steroid trafficking.

Rick Ross says that Trilla will be one of the best albums of 2008, and that he and Birdman are recording an album together, as well as making a movie together.

Freekey Zeekey states that all is well with Dipset, and they are working on new projects.

The Game states that after his third album, L.A.X., he will retire.

4 Highest critically reviewed albums (Metacritic).

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