by Jason Gregory Contributor | Photos by WENN

Tags: Jay-Z 

Jay-Z 'Signs Massive Deal With Live Nation'

Apparently worth 150million dollars...


Jay-Z 'Signs Massive Deal With Live Nation' Photo: WENN

US rapper Jay-Z has completed a huge all-encompassing deal with concert promoter Live Nation, according to reports.

The deal, reported to be worth $150million, sees the formation of Roc Nation – a joint venture between the two parties.

Live Nation will take control of the rapper’s business and recording assets as part of the agreement.

According to Billboard, Jay-Z, whose real name is Shawn Carter, will be paid $10million per album in a three album deal.

Live Nation has already assumed control of the rapper’s current co-headlining tour with Mary J Blige.

Carter and Live Nation were initially linked in a report in the New York Times on April 2nd.

Madonna became the first artist to sign an all-encompassing deal with the promoter last year.

Jason Gregory


Gigwise is a community of music writers and photographers. Sign up now

Artist A-Z #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z