Imperious Entertainment
Make Imperious Your Homepage
You are here: Home
Home All News Jay-Z Strikes $150 Million Deal With Live Nation
You are here: Home
Home All News Jay-Z Strikes $150 Million Deal With Live Nation | Jay-Z Strikes $150 Million Deal With Live Nation |
|
|
|
| Written by Foresight | |
| Wednesday, 02 April 2008 | |
 Jay-Z plans to depart his longtime record label, Def Jam, for a roughly $150 million package with the concert giant Live Nation that includes financing for his own entertainment venture, in addition to recordings and tours for the next decade. The pact, expected to be finalized this week, is the most expansive deal yet from Live Nation, which has angled to compete directly with the industry’s established music labels in a scrum over the rights to distribute recordings, sell concert tickets, market merchandise and control other aspects of artists’ careers. As CD sales plunge, an array of players — including record labels, promoters and advertisers — are racing to secure deals that cut them in on a larger share of an artist’s overall revenue. Live Nation has already struck less comprehensive pacts with Madonna and U2. Jay-Z Strikes $150 Million Deal With Live Nation Note: This guy Jay-Z never ceases to amaze me. I want in! Did Live Nation get ripped off? Comments
(0)
Copyright 2007. All Rights Reserved.       |
|
| Last Updated ( Wednesday, 02 April 2008 ) |
| < Prev | Next > |
|---|
Member Login
Submit News
Submit relevant news, video, etc. at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or contact us on AIM at ImperiousTVDonate to Imperious
Questions?
If you have suggestions or questions contact
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
.
