Jay Z’s Direction After His 10 Year Deal with Live Nation Comes to an End

In 2008, a 10 year contract between Jay Z and Live Nation was made to the tune of $150 million for Roc Nation. Next year marks the 10 year mark and speculations are already stirring on the venture between the two. Jay Z has already started reaching out to the higher ups in the music industry, trying to get them to buy a stake in his company, Roc Nation. While sources have stated that Live Nation will be backing out of the recording music aspect, they wish to continue the touring relationship with Jay Z.  Related article on pagesix.com.

Desiree Perez has been a long time associate with Jay Z and has helped other artist negotiate deals as well. She had a hand in Beyonce’s Formation deal and Rihanna’s Samsung deal. On Wednesday, Jay Z and Desiree Perez met with Universal Music Group’s chairman, Sir Lucian Grainge. This has sparked rumors on a potential deal between Jay Z and Universal Music Group. If that deal happens, it will provide Jay Z with the resources he needs to continue to discover new talent and push his other business endeavors in the right direction. Next year the speculations will be put to rest while the next move will be revealed. Hop over to tidal.com and read more about this.

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Desiree Perez is a woman that knows what she wants and gets what she wants. She has been in the music industry for a long time and her experience and current career proves her devotion and passion for her work. She is a great negotiator and knows her way around numbers. She has ran SC Enterprises for a long time. She works and is apart of Roc Nation’s collective which consist of its section managers, publishing, and labeling. The collective is also known as the Hova Circle of Influence. Within the Hova Circle are Chaka Pilgrim, Ty Ty Smith, Jay Brown, and Jana Fleischman, check this on onmogul.com.

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