Jay Z did a $150 million deal with Live Nation in the year 2008. Jay Z is considering getting involved with Roc Nation. Since Jay Z’s deal with Live Nation is coming to an end he is exploring the possibility of what is best for his career. Live Nation hopes to continue backing up the touring deal that it has made with Jay Z. Live Nation is gradually steering away from being involved with recorded music. Even though Live Nation is gradually steering away from recorded music they have stated that they want to continue working with Jay Z. They have had a lasting relationship with Jay Z through the years. Refer to pagesix.com for more reading.
Some of the artist of Roc Nation are Rihanna, Fat Joe, Jay, Meek, Shakira, and Mill. Jay Z and Desiree Perez have met up with CEO Sir Lucian Grainge. Sir Lucian Grainge is the CEO of Universal Music Group and located at the Santa Monica, California offices. The purpose of meeting up together was to speculate the possibility of Universal Music Group being able to by additional stake in Roc Nation. This possibility could open up opportunity for Jay Z to bring forth innovative artist and boost Tidal. Universal Music Group is optimistic about the possibility of getting involved with Jay Z on a business level. Related article on complex.com.
Desiree Perez has been an associate of Jay Z close to 20 years. Desiree Perez is also a producer. More about Dez on onmogul.com. Desiree Perez is incredible at her job. She is prodigious working with numbers, she is a strong woman, and a stern negotiator. Desiree Perez is part of a group that runs the whole process at Roc Nation. She is part of the group that is in charge of administration, labeling, and publication.
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In conclusion, new business opportunities may be happening for Jay Z.
For additional read, hit on http://www.businessinsider.in/heres-how-jay-z-spends-his-money/articleshow/57187895.cms