JAY Z’s $150M DEAL

Jay-Z has released more No. 1 albums in his career than any other solo artist–11, to be exact. He hasn’t released a new record yet this year, but he’s been very active on the business front making loads of cash for himself, his beautiful wife and baby Blue -ivy . Recent announcements include a publishing deal with Warner/Chappell, a summer tour with Justin Timberlake and the launch of Roc Nation Sports, with Robinson Cano as its first client.
Today, the hit parade continues. Universal Music Group announced a global partnership with Roc Nation, the label Jay-Z founded in 2008 as part of a $150 million deal with concert promoter Live Nation. The world’s largest record company lured the hip-hop mogul away from Sony Music, which had been distributing Roc Nation’s releases previously.
“This agreement presents a unique opportunity for Roc Nation’s artists—being able to continue to operate as an independent label with the strength, power and reach of the best major,” said Jay-Z in a statement. “I look forward to a long and prosperous collaboration with UMG.”

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One Response to JAY Z’s $150M DEAL

  1. We have been checking out numerous of your articles and i can claim fairly good things. I will surely bookmark your blog site.

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