Jay Z Enters Into $200 Million Deal With Live Nation
The exclusive decade-long deal between the rapper/business magnate and the entertainment company - Live Nation - will see the two parties do more of live music events and other terms which presently are not disclosed, according to reports.
"Jay Z is one of the world's preeminent touring artist," Live Music president Michael Raping said in a statement.
Meanwhile, Jay and Live nation has since 2008 been working and touring globally doing music but terms in that time was more of album and recorded music deal, which then was worth $150,000.
Mr Shawn Carter popular called Jay Z talked music business relationship between the two parties for nearly a decade saying "Live and I entered unchartered territory in 2008. For the next ten years, we will continue redefining the live event landscape."
Currently, the Roc Nation business magnate has surge past Dr Dre in Hip Hop artist wealth ranking and just about keeping abreast to Diddy who lead the table with $820 Million.
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