Dupri Steps Down As Virgin Urban President

Jermaine Dupri has stepped down as president of urban music at Virgin, following lackluster sales of his girlfriend Janet Jackson's latest disc, "20 Y.O," which Dupri co-executive produced.

Jermaine Dupri has stepped down as president of urban music at Virgin, following lackluster sales of his girlfriend Janet Jackson's latest disc, "20 Y.O," which Dupri co-executive produced.

In a statement released to the Associated Press today (Oct. 25), Dupri said, "Since there are so many rumors running rampant about my position at Virgin Records, I feel that it is necessary to set the record straight. I was not forced out of the company -- I made a decision that it was in my best interest to leave."

The producer/rapper was appointed to the post in January 2005. Since then, his signings have included Dem Franchize Boyz; he also pacted with OutKast member Big Boi's Purple Ribbon imprint.

As for "20 Y.O.," it bowed at No. 2 on The Billboard 200 last month and has sold just 443,000 units to date, according to Nielsen SoundScan.