According to pagesix.com, Jay Z plans to cash as his Live Nation deal nears the end. The $150 million deal that Jay Z signed with Live Nation will soon be expiring and the Famous rap mogul is calling out to other bigwigs in the industry of music to take a stake in his business of recorded music at Roc Nation. Jay Z signed a lucrative ten-year deal in 2008 with Live Nation worth $150 million. The “360” deal will come to a close in 2018 and it has the possibility of triggering a buy-sell. Check pagesix.com.
Sources from Live nation states that the company hopes to continue the touring deal with the rap legend but plans to back out on the side of recorded music. Live Nation however says that it hopes to keep the good relationship that it has had with Jay Z for the ten years of working together. Artists at Roc nation include Fat Joe, Shakira, Meek Mill, and Rihanna. Jay Z and Desiree Perez who is a Top Executive at Roc Nation met with Lucian Grainge who is the Chairman and Chief Executive Officer at the Universal Music Group. This meeting sparked wild speculations about the music company purchasing a stake in Roc nation. More to read on this important link
Desiree Perez works at Roc Nation where she serves as the Chief Operating Officer. A close working associate to Jay Z for more than 20 years, Desiree Perez has extensive experience and skills as a negotiator. She was among the negotiators behind the Beyonce Formation stadium as well as the Rihanna Samsung deal which was a success. Click on prettymanprettyman.com for additional article. Some of her responsibilities at Roc Nation include labeling operations, publishing and management. Desiree Perez formerly worked at SC Enterprises where she left behind a good track record. She has acquired a reputation as a fierce and strong negotiator who is excellent in crunching numbers. Related article on hitsdailydouble.com.
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