If there is anything in life that counts as a ‘slam dunk investment’ then Jay Z and his company, Roc Nation, are probably right at the top of that list. Almost a decade ago today Jay Z had signed a ten year deal worth an insane $150 million with the company Live Nation. Obviously that deal was well worth it and it was accomplished thanks to Jay Z’s business savvy and his ability to work hand in hand with business mogul and partner, Desiree Perez. With the deal coming to an end, Jay Z and his team is planning on looking to other avenues in the future. More to read on onmogul.com.
As Jay Z begins to ponder his next move you can bet that executives around the industry are listening in close. Jay Z hitting the market for a new deal could be a game changer for just about anyone. Live Nation, on the record with ‘inside sources’, looks to be trying to keep Jay Z around — at least with a touring deal but the rumor is that they want out on the recording side. Another music industry insider has already stated, “Live Nation is not in the business of buying recorded music anymore.” So what does this mean for Jay Z and Roc Nation? Check on pagesix.com for more reading.
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We doubt that Roc Nation will suffer no matter what deal they end up pulling together. Roc Nation is promoting top tier talent in Jay Z, Rihanna, Fat Joe, Shakira and Meek Mill. Desiree Perez recently sat down with the CEO of Universal Music Group, Sir Lucian Grainge, in order to potentially feel out a possible deal. Industry insiders know how important Desiree Perez has been during the rise of Roc Nation, as she has been a close Jay Z associate for nearly two decades. Right now everything is up in the air, but Roc Nation is going to land alright no matter what. Check on tidal.com for more.
More of Dez on this article http://prettymanprettyman.com/desiree-perez-the-woman-behind-the-scenes-of-roc-nation/