David Foster reportedly blames his estranged wife Yolanda for the failure of his record label.
The Grammy-winning star recently announced his intention to divorce his wife after four years of marriage, and a source close to the celebrity duo has now claimed David thinks Yolanda's involvement with the reality TV series 'The Real Housewives of Beverly Hills' has hurt his status as chairman of Universal's Verve Music Group.
The insider explained: "David's record label is shutting down ... and he is blaming her for this failure because he thinks the 'Housewives' show has hurt him.
"He thinks the show hurt him. He has a gigantic ego."
The series has helped launch the careers of two of David's stepchildren, Victoria's Secret model Gigi and Bella Hadid, who also works in the modelling industry.
However, David, 66, is reportedly frustrated the show hasn't benefited his career in the way it has for his stepchildren.
The insider told the New York Post newspaper: "David likes to stay relevant. He's had success and was a big deal ... so I think [the show made him] feel like he doesn't hold the same place in pop culture. Maybe it's a reality check because her daughters are pop culture.
"I'm sure he's upset her kids' careers are popping off and his aren't. He's competitive in that way."