The great deal between Live Nation and Jay-Z that was signed in 2008 for $150 million is coming to an end, and Jay-Z sounds the music industry bigwigs to buy a stake in his recording music label business. It is because Live Nation has discontinued its business of buying an interest in the recording music. However, Live Nation is expected to continue being associated with the Jay-Z touring deals, which Live Nation feels is profitable for its business. Head over to pagesix.com for additional article.
Recently, Jay-Z and Desiree Perez, top Roc Nation Executive, met with the Universal Music CEO and Chairman, Sir Lucian Grainge, and it is now speculated that Universal Music Group might be buying a substantial stake in Roc Nation. Roc Nation manages artists such as Rihanna, Meek Mill, Shakira, and Fat Joe. Collaboration with the Universal Music Group would put Roc Nation in a right place as it would help the company get access to the resources of UMG, which would also benefit the business as well as the artists it manages. Related article on igstars.com
Desiree Perez has been associated with the Roc Nation for many years and knows Jay-Z as a friend for close to two decades. They are known to go along well, and their business collaboration has helped Roc Nation and Jay-Z’s other business ventures significantly. Desiree Perez is known to help crack the great Samsung deal for Rihanna. As a firm and no-nonsense negotiator, Desiree Perez has a very sharp eye for details and understands the music and showbiz business well. Her resources in the industry have helped Jay-Z gain prominence in many of his business ventures and have put Roc Nation as one of the leading artist management and recording music label in the industry. She continues to provide strategic inputs and guidance to ensure Roc Nation and its subsidiaries continue to do dominating business in the industry.for Dez recent timeline activities, hit crunchbase.com.
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