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Big Pimpin’ - Jay-Z to sign $150 Million deal with Live Nation

Posted by jroxx on April 3, 2008

Live Nation continues to sign the biggest acts around, the latest to sign is the biggest name in Hip-Hop and some would say in music right now…Jay-Z!

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.

Full story from today’s NY Times

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This entry was posted on April 3, 2008 at 7:54 am and is filed under Music/Industry News. Tagged: Live Nation, U2, Madonna, NY Times, Def Jam, Jay Z, Rocawear, Beyonce, Sean Carter. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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