Roc Nation ‘renews touring deal with Live Nation’
The rapper is reportedly seeking new investors for the non-live side of his Roc Nation business as the partners' ten-year 360 deal reaches its end
News By IQ | 24 April 2017
Jay Z is reportedly seeking new investors for the recorded side of his Roc Nation business, as the full-service entertainment company’s ten-year ‘360’ deal with Live Nation comes to an end.
Roc Nation was established in 2008 as a subsidiary of Live Nation. The mammoth deal, rumoured to be worth US$152 million, remains one of the biggest of 360 agreements, creating a new company incorporating recording, management, publishing, concert promotion and TV/film production divisions.
According to sources quoted by the New…