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. (NY Times)
Showing posts with label Jay-Z. Show all posts
Showing posts with label Jay-Z. Show all posts
April 3, 2008
January 9, 2008
Is Jay-Z Launching A Label With Apple? A Closer Look
The blogs are buzzing with a rumor "confirmed" only by Boy Genius Report that rapper and mogul Jay-Z is starting a record label backed by Apple. Jay-Z just left his job as head of Def Jam and some rumors point to a clause in his contract there that would allow him to buy out the contracts of some of the artists that he signed. Other rumors point to Beyonce joining him at the new label. How does the story bear up under closer scrutiny? (Hypebot)
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