Saturday, April 22, 2017

Live Nation Confirms Jay Z Rumors


Yesterday news leaked that Jay Z and Live Nation's ten year Roc Nation contract was set to expire and that Live Nation was no longer interested in the recording side of the Roc and would only be focusing on tours [click here if you missed that].

Live Nation confirms the reports...

From Billboard Magazine
"Live Nation has a new long term deal with Jay Z and we expect to continue being equity partners in Roc Nation for many years to come," the spokesperson told Billboard in a statement.
While terms of the new deal were not disclosed, the new agreement does not appear to be an extension of the current 360 arrangement, and instead mostly covers his touring business.
Jay Z and Live Nation will continue to operate Roc Nation’s management and recorded music business as a joint venture. Live Nation has let many of its 360 recorded-music deals sunset and has largely gotten out of the recorded music business, although through its various joint ventures it does retain some label holdings.

13 comments:

Anonymous said...

What are they sayin? O-o

They're doing the tours but not the music but they're managing the artist? What is a 360 deal and if Jay had one why did Nicki tell Remy she "wild dumb" for suggesting Nicki had one then follow it up with "Jay ain't clear his verse for your album". Was she shading Jay?

Where is LURKER? I'm confused

Anonymous said...

They are saying: Live Nation is selling the recorded music end of their subsidiary Roc Nation - easy. Everything else stays the same under Live Nation.

Anonymous said...

Jay Z continues to be the middle man for Live Nation, great deal for him.

Anonymous said...

Translation: We're still going to be eating off of this black motherfucker for a long time. Don't get it twisted.

A 360 deal, as I understand it, is where a company gets a piece of everything an artist does all the way around (360 degrees = full circle) as long as the artist is under contract. That means recorded and live performances, appearances, TV, film, commercials, etc.

As long as those things continue to make money they will continue to get paid. They got at his ass during his best recording and performing years. They don't care what he does from here. They've got theirs. Time to exploit, economically rape, and pillage other popular and up and coming artists.

Anonymous said...

Recorded music is dead. Tours are the ONLY thing that pay. Smart move on both parts. Looks like Jay bout to get the same $ as U2, Madonna, and Rolling Stones through their Live Nation deals.

Anonymous said...

It was posted yesterday on here in the comments that he was going to sign with them again. Where is that tea spiller today?

Anonymous said...

10:36 a.m. .. you have no clue.. it's too early to be that angry & aggressive. Coming from an aggressive person. But I def see where it's coming from. To explain hovs business with live nation: He's using them. Why work with a label? Remember def jam? I mean Kyle cohen hopes from label to label. Theirs no stability in being a music executive. It's an ever eveolving business. As love nation has spoken.. they're phasing out of the record business. Meaning they don't want no parts of the future and the apple, Spotify, tidal fight for streaming. They're a one trick pony. And they're pretty much letting jay control music business at live nation. That's what that means.

Anonymous said...

Basically he still OWES them Live Nation people a fuck ton of cash. Expect more Beyonce tours and his Flop albums auto-downloaded to your device.

Shakeshakeshake said...

12:18 hit the nail on the head.

it never really ends until recoup. Investing into recorded music is a black hole that never returns, often even under a 360 deal. It took a long time for labels and give corporations like live nation and AEG and all the bigger holding companies to figure that out. A lot of artists implode under those deals and never make more than the label spends launching them. The larger portion of signed artists are working poor, and without label sponsored clothes, cars, and living situation, would be homeless. If they have wives or families and especially if they are not a solo act, chances are they were fucked when they signed and the clock is ticking. That's not a viable business model.

Tours pay. But so does merch -- sometimes just as much. SOOOOOO, Theyre better off focusing on the verticals that deliver.

Just my 2 cents from someone in the industry.

Anonymous said...

No matter how many albums he releases, his wife releases, joint albums and tours they do the debt just keeps growing. This resigning only took care of monies owed that was borrowed for Tidal, The Nets fiasco,the kalief browder documentary, lawyers to keep dodging that DNA test, lawsuits filed about his wife for always stealing other people ideas and their work,etc. They owe so much that they have to keep working. Beyonce was not going to pull out of Coachella but no insurance company would touch her. No insurance=no coachella.

There's more and it will come out.

Anonymous said...

"There's more" - still no home in LA and read somewhere that they moved out of the house they were in because of "mold", into a hotel? Oh the web spiders weave..

Anonymous said...

There's more-left New York so Blue could get a great education. New York has some of the best schools in the world!They couldn't get her into any of the schools in NYC. No one was willing to write any letters of recommendation for them. At least no one the schools considered important. Most parents in NYC know how the game is played to get the kids into the best schools. But then the Carters thought they were above all that.

That condo in NYC they putting on like they wanted to buy but changed their mind. Just a front, the co-op board starting checking them out and sound no! Keep spinning your web of lies but the thread isn't strong enough.

Anonymous said...

New York does have some of the best schools in the world and West coast knows that the East coast has the best education. Don't they already have a condo in Tribeca, well Jay does.

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