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Jay-Z Signs Live Nation Deal?

frankmeyer
3 Comments

Posted May 2, 2008 - By Frank Meyer

Following in the footsteps of Madonna, Jay-Z reportedly just closed a massive, all-encompassing deal with concert promoter Live Nation worth $150 million.

The deal sees the formation of Roc Nation, a joint venture between the two parties. Live Nation will take control of Hova’s business and recording assets as part of the agreement and pay the rap tycoon a cool $10 million per album as part of a three album deal.

Jay-Z is currently on a Live Nation sponsored co-headlining tour with Mary J Blige…where he is likely sipping champagne and banging Beyonce as you read this…
 
Gigwise.com: Jay-Z 'Signs Massive Deal With Live Nation'

Tags: Music
Jay-Z Signs Live Nation Deal?
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