premise: L.A. Reid has served as the chairman of an Egyptian record label group formed in 1998.
hypothesis: L.A. Reid . He has served as the chairman and CEO of Epic Records , a division of Sony Music Entertainment , the president and CEO of Arista Records , and the chairman and CEO of the Island Def Jam Music Group . Reid was also the founder and CEO of Hitco Music Publishing and the co-founder of LaFace Records . The Island Def Jam Music Group ( IDJMG ) was an American record label group formed in 1998 , combining the operations of over 14 record labels including Island Records , Def Jam Recordings , and Mercury Records .