Jay Signs $150 Million Deal with Live Nation
Author: RL
This is pretty big news as far as the record industry is concerned. Jay has 1 album left with Def Jam and from there Live Nation (who primarily work with Rock & Country acts) will be handling all his entertainment ventures (music, concerts, etc) and subsequently is trying to make a new Music Industry model to follow in the coming years.
“I’ve turned into the Rolling Stones of hip-hop,” - Jay Z
Read the rest of the story here:
NYTimes.com
