Jay Z Returns
The rapper is hitting the road for the first time in three years for his own Made in America fest in Philadelphia, Austin City Limits and the Meadows, a New York fest in its second year. A concert-industry source says Jay will make about $3 million for the Meadows, and calls it "a favor" to Live Nation, which recently extended his touring contract. "They don't need him on Governors Ball," the source says, referring to Live Nation's longer-running NYC event. "They need him to launch a festival."