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Sion;c-9743288 said:So basically we're getting new music and several new albums.If he's selling LiveNation's stake given the success of the sports brokerage arm, J.Cole, Big Sean, Future and all these artists signed and managed he can easily clear a billion dollars.
achewon87;d-557311 said:In 2008, Jay Z and Live Nation entered into a $150 million, 10-year 360 deal to cover his next three albums, publishing and other assets and the formation of Roc Nation as a joint venture between Jay and Live Nation. With the terms of that deal now nearing completion, a spokesperson for Live Nation today tells Billboard that the promoter has a new deal with Jay in place, and will remain equity partners with Roc Nation.
"Live Nation has a new long term deal with Jay Z and we expect to continue being equity partners in Roc Nation for many years to come," the spokesperson told Billboard in a statement.
While terms of the new deal were not disclosed, the new agreement does not appear to be an extension of the current 360 arrangement, and instead mostly covers his touring business.
Jay Z and Live Nation will continue to operate Roc Nation’s management and recorded music business as a joint venture. Live Nation has let many of its 360 recorded-music deals sunset and has largely gotten out of the recorded music business, although through its various joint ventures it does retain some label holdings
Earlier today, Page Six reported on speculation that Jay Z would be shopping Live Nation's stake in Roc Nation to Universal Music Group, Roc's distributor and the longtime home of Def Jam -- which Jay Z ran as president and CEO of the label from 2004 through the end of 2007 -- and his original imprint Roc-A-Fella Records. But another source told Billboard that any speculation that UMG would buy in to Roc Nation was unfounded.
The paper also reported that the end of the original deal would trigger a buy-sell clause, where either Jay or Live Nation would be able to sell their stake in the company or buy the other out; that is also not the case, sources say, and Live Nation's confirmation of a long-term deal seemingly puts that speculation to bed.
A rep for Jay Z did not return a request for comment as of press time. A representative for Universal Music Group declined to comment.
http://www.billboard.com/articles/b...r-into-new-long-term-deal-continue-roc-nation
Joker_De_La_Lover;c-9743307 said:Jay stay making moves. He done surpassed every other Mogul in hip hop including Puff.
LcnsdbyROYALTY;c-9743333 said:achewon87;d-557311 said:In 2008, Jay Z and Live Nation entered into a $150 million, 10-year 360 deal to cover his next three albums, publishing and other assets and the formation of Roc Nation as a joint venture between Jay and Live Nation. With the terms of that deal now nearing completion, a spokesperson for Live Nation today tells Billboard that the promoter has a new deal with Jay in place, and will remain equity partners with Roc Nation.
"Live Nation has a new long term deal with Jay Z and we expect to continue being equity partners in Roc Nation for many years to come," the spokesperson told Billboard in a statement.
While terms of the new deal were not disclosed, the new agreement does not appear to be an extension of the current 360 arrangement, and instead mostly covers his touring business.
Jay Z and Live Nation will continue to operate Roc Nation’s management and recorded music business as a joint venture. Live Nation has let many of its 360 recorded-music deals sunset and has largely gotten out of the recorded music business, although through its various joint ventures it does retain some label holdings
Earlier today, Page Six reported on speculation that Jay Z would be shopping Live Nation's stake in Roc Nation to Universal Music Group, Roc's distributor and the longtime home of Def Jam -- which Jay Z ran as president and CEO of the label from 2004 through the end of 2007 -- and his original imprint Roc-A-Fella Records. But another source told Billboard that any speculation that UMG would buy in to Roc Nation was unfounded.
The paper also reported that the end of the original deal would trigger a buy-sell clause, where either Jay or Live Nation would be able to sell their stake in the company or buy the other out; that is also not the case, sources say, and Live Nation's confirmation of a long-term deal seemingly puts that speculation to bed.
A rep for Jay Z did not return a request for comment as of press time. A representative for Universal Music Group declined to comment.
http://www.billboard.com/articles/b...r-into-new-long-term-deal-continue-roc-nation
The bolded is false. Priority put out the first Roc album. >_>
Angeles1son85;c-9743345 said:Joker_De_La_Lover;c-9743307 said:Jay stay making moves. He done surpassed every other Mogul in hip hop including Puff.
with beyonce's money lol
achewon87;c-9743347 said:LcnsdbyROYALTY;c-9743333 said:achewon87;d-557311 said:In 2008, Jay Z and Live Nation entered into a $150 million, 10-year 360 deal to cover his next three albums, publishing and other assets and the formation of Roc Nation as a joint venture between Jay and Live Nation. With the terms of that deal now nearing completion, a spokesperson for Live Nation today tells Billboard that the promoter has a new deal with Jay in place, and will remain equity partners with Roc Nation.
"Live Nation has a new long term deal with Jay Z and we expect to continue being equity partners in Roc Nation for many years to come," the spokesperson told Billboard in a statement.
While terms of the new deal were not disclosed, the new agreement does not appear to be an extension of the current 360 arrangement, and instead mostly covers his touring business.
Jay Z and Live Nation will continue to operate Roc Nation’s management and recorded music business as a joint venture. Live Nation has let many of its 360 recorded-music deals sunset and has largely gotten out of the recorded music business, although through its various joint ventures it does retain some label holdings
Earlier today, Page Six reported on speculation that Jay Z would be shopping Live Nation's stake in Roc Nation to Universal Music Group, Roc's distributor and the longtime home of Def Jam -- which Jay Z ran as president and CEO of the label from 2004 through the end of 2007 -- and his original imprint Roc-A-Fella Records. But another source told Billboard that any speculation that UMG would buy in to Roc Nation was unfounded.
The paper also reported that the end of the original deal would trigger a buy-sell clause, where either Jay or Live Nation would be able to sell their stake in the company or buy the other out; that is also not the case, sources say, and Live Nation's confirmation of a long-term deal seemingly puts that speculation to bed.
A rep for Jay Z did not return a request for comment as of press time. A representative for Universal Music Group declined to comment.
http://www.billboard.com/articles/b...r-into-new-long-term-deal-continue-roc-nation
The bolded is false. Priority put out the first Roc album. >_>
It isn't, Roc was an imprint label through Priority until the Def Jam deal...
"The foundation of the label occurred in 1996, beginning as an independent outlet for rapper Jay-Z's first album. After being turned down by several major labels, Carter, Dash and Burke started their own label through Priority Records..."
https://en.m.wikipedia.org/wiki/Roc-A-Fella_Records
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LcnsdbyROYALTY;c-9743380 said:achewon87;c-9743347 said:LcnsdbyROYALTY;c-9743333 said:achewon87;d-557311 said:In 2008, Jay Z and Live Nation entered into a $150 million, 10-year 360 deal to cover his next three albums, publishing and other assets and the formation of Roc Nation as a joint venture between Jay and Live Nation. With the terms of that deal now nearing completion, a spokesperson for Live Nation today tells Billboard that the promoter has a new deal with Jay in place, and will remain equity partners with Roc Nation.
"Live Nation has a new long term deal with Jay Z and we expect to continue being equity partners in Roc Nation for many years to come," the spokesperson told Billboard in a statement.
While terms of the new deal were not disclosed, the new agreement does not appear to be an extension of the current 360 arrangement, and instead mostly covers his touring business.
Jay Z and Live Nation will continue to operate Roc Nation’s management and recorded music business as a joint venture. Live Nation has let many of its 360 recorded-music deals sunset and has largely gotten out of the recorded music business, although through its various joint ventures it does retain some label holdings
Earlier today, Page Six reported on speculation that Jay Z would be shopping Live Nation's stake in Roc Nation to Universal Music Group, Roc's distributor and the longtime home of Def Jam -- which Jay Z ran as president and CEO of the label from 2004 through the end of 2007 -- and his original imprint Roc-A-Fella Records. But another source told Billboard that any speculation that UMG would buy in to Roc Nation was unfounded.
The paper also reported that the end of the original deal would trigger a buy-sell clause, where either Jay or Live Nation would be able to sell their stake in the company or buy the other out; that is also not the case, sources say, and Live Nation's confirmation of a long-term deal seemingly puts that speculation to bed.
A rep for Jay Z did not return a request for comment as of press time. A representative for Universal Music Group declined to comment.
http://www.billboard.com/articles/b...r-into-new-long-term-deal-continue-roc-nation
The bolded is false. Priority put out the first Roc album. >_>
It isn't, Roc was an imprint label through Priority until the Def Jam deal...
"The foundation of the label occurred in 1996, beginning as an independent outlet for rapper Jay-Z's first album. After being turned down by several major labels, Carter, Dash and Burke started their own label through Priority Records..."
https://en.m.wikipedia.org/wiki/Roc-A-Fella_Records
![]()
You do realize agree right? In hindsight, I read that part wrong. Thought they were saying DJ was Roc-a-fella's original home.
aladdin1978;c-9743767 said:Who tf cares about any deal Jay Z signs. Is that's news anymore?
Bitter ass Dame dash signing a deal= now THAT'S news.
blue_london;c-9744267 said:What does this mean for a jay electronica album!
blue_london;c-9744267 said:What does this mean for a jay electronica album!
Revolver Ocelot;c-9744361 said:blue_london;c-9744267 said:What does this mean for a jay electronica album!
The only hope for that album is if him and Badu break up and them babysitting checks stop rolling in.
dalyricalbandit;c-9743724 said:niggas coming at Jigga with bags
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