Closure of live nation and rise of rock nation
Live Nation contract with Jay Z is approaching to a closing stage. Jay Z is now sounding out a new music industry bigwig . This new deal is in relation to compelling a part in his documented music alum in Roc Nation. In 2008 he signed a 10- year contract for Live Nation and the 360 agreement is up till next year. This could activate a situation where both side possibly will dispose their prize in Rock Nation for the additional or purchase the firm completely. Sources say that Live Nation would like to prolong the profitable contract with Jay Z but they are quitting from documented music side. Check pagesix.com for related article.
A song insider assumed which the 360 contract with Jay Z would not be prolonged. The Insider added that the deal will be terminated regardless of Live Nation having credited into the artist privileges and documented music. This is because Live Nation was no longer in the trade of purchasing live music any longer. Some of Rock Nations artists include Fat Joe, Jay Z, Meek Mill, Rihanna, and Shakira. It is still reported that Jay Z still has a strong association with Live Nation which Live Nation would want to maintain. Roc Nation executive Desiree Perez and Jay Z and bumped into with Sir Grainge who is the CEO of Universal Music Group. This sparked speculations of UMG buying a proportion in Rock Nation. This would be more resourceful move to Jay Z on developing new artists. Additional article on igstars.com
Desiree Perez also known is Des Perez. Know her more, hop over to facebook.com. She has been Jay Z’s associate for almost 20 years. She has a reliable track record of managing the SC Enterprise. She has demonstrated to be good at the job especially when it comes to crunching members. For Dez latest tweets, check twitter@desireeperez01. She is a strong and fierce negotiator. She has played a part in negotiating the Beyoncé Formation stadium. Also, she was behind the Rihanna Samsung deal. She is part of a collective that runs the entire operation for Roc Nation. This collective behind Tidal and is called Hova Circle of Influence. Head over to saltylens.com for more reading.
For update on Dez timeline activities, click https://www.crunchbase.com/person/desiree-perez#/entity