April 3rd, 2008

Jay-Z Inks A Deal With Live Nation For $150 Million

Jay-Z’s race to billionaire status continues. The New York Times is reporting that Hov is currently finalizing a deal with Live Nation worth $150 million dollars. Read part of the article below.

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.

Full Story

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This entry was posted on Thursday, April 3rd, 2008 at 1:14 am and is filed under Jay-Z, News.



53 Responses to “Jay-Z Inks A Deal With Live Nation For $150 Million”

  1. he already called it! Says:
    April 3rd, 2008 at 1:15 am

    wheres jimmys deal like this at?

  2. he already called it! Says:
    April 3rd, 2008 at 1:17 am

    ps because we all know hes on jays heels when it comes to business LOL balllllllllllllllllllllllin!!!!!!!!!!

  3. ANYHUSTLE Says:
    April 3rd, 2008 at 1:18 am

    JAY Z DOING THIS TING MUTHA 4UCKING HARD – GET EM JAY!!!!!!!!REAL HUSTLA

  4. Tim Says:
    April 3rd, 2008 at 1:18 am

    First!! Jay-Z is so rich, how rich is he??… The nigga bout to sign a $150 million contract with an entire NATION.

  5. JKC Says:
    April 3rd, 2008 at 1:26 am

    This nigga is filthy with money. 50 a monster too tho wit vitmain water. Diddy aint no slouch neither wit his vodka. I wonder who will be the first billionaire of rap?

  6. Hip Hop Fan Says:
    April 3rd, 2008 at 1:27 am

    #4 u retarded fuck, live nation is not a “nation”

    SMH funboy lol

    Jay doin big thangs!

  7. ASS CHEEK Says:
    April 3rd, 2008 at 1:34 am

    “The nigga bout to sign a $150 million contract with an entire NATION.”

    THE STUPIDITY IS STRONG IN THIS ONE ^