Jay-Z is reportedly on the verge of inking a new $150 million deal with concert promotion giant Live Nation. The deal will encompass all of Jay's concerts, endorsements and recordings over the next decade, as well as provide the rapper a platform to launch Roc Nation, Jay's own label, music publishing and talent managing company. Jay-Z, who previously served as Def Jam's CEO for three years until he and Universal Music Group couldn't agree to a new contract, still owes his former label one more album, set for release later this year. The Brooklyn rapper becomes the third powerhouse veteran artist to join forces with Live Nation since October, as both Madonna and U2 have signed on with the ever-expanding empire.
Jay-Z and Live Nation Near $150 Deal, New Record Label
Around the Web
Powered By ZergNet
Around the Web
Cracked7 Famous Actors Who Lost Their Minds Getting Into Character
Mental Floss10 Actors Who Hated Their Own Films
Diffuser10 Cover Songs Better Than The Originals
MTV News6 Bands Named After Vaginas
SalonThe 15 Most Hated Bands Of The Last 30 Years
Guitar WorldTop 10 Best (and Worst) Comeback Albums of All Time
- 4 Pro-Gun Arguments We're Sick of Hearing
- Watch Stephen Colbert's Powerful Monologue About Oregon Shooting
- Robin Williams' Children, Widow Settle Bitter Estate Feud
- 500 Greatest Albums of All Time
- 20 Best TV Shows of 2015 So Far
- Maynard James Keenan on New Book, Tool LP: 'Do I Seem Like a Lazy Person?'
- How Radiohead Shocked the World: A 15th-Anniversary Salute to 'Kid A'
- 500 Greatest Songs of All Time