The team at Roc Nation has been riding a high for quite some time. As Jay Z continues to cement himself and his legacy as one of the most important figures in hip hop, the world watches on waiting to try and get a bite of what he is doing. Jay Z and the team at Roc Nation are coming to the end of their epic 360 Deal with Live Nation. The 360 Deal was a 10 year contract worth upwards of $150 million total. The deal allowed Roc Nation and their roster to bloom and evolve with the music climate. Now that evolution might send Roc Nation to a new home. Check pagesix.com.
Jay Z and Desiree Perez, the two business figureheads at Roc Nation, have already begun exploratory talks with other companies ahead of their 2018 contractual release. Perez and Jay were seen eating lunch with Sir Lucian Grainge, the CEO at Universal Music Group. Universal Music Group has already worked with Jay Z in some capacity, but an expanded relationship looks like it may be advantageous to both groups. Desiree Perez has been a close business associate to Jay Z and Roc Nation for years and her inclusion in this meeting means that things are probably pretty serious between the two parties. Related article on runninglip.com
Still, don’t rule out Live Nation making a run to keep Jay Z and the Roc Nation team on hand. However, if Roc Nation stays put with Live Nation it will come at a change. Live Nation has reportedly gotten out of the recorded music game entirely and now their focus is on live music and live performances. Live Nation would have a heck of a roster to work with for live shows if they re-sign with Roc Nation including: Shakira, Jay Z, Meek Mill, Fat Joe and more. For related article, head over to hitsdailydouble.com.
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