Jay-z And Live Nation Finalise Deal
JAY-Z has joined heavyweights Madonna Louise Ciccone and U2 later signing a fresh mega-millions deal with concert promoters Live Nation.
The rapper has landed 775,434 Subsist Nation shares, plus an option on an additional five hundred,000 later mise en scene up a joint entertainment venture with Live Nation bosses.
The Survive Nation/Jay-Z deal began in Dec (07). News broke in The Fresh York Times last month (Apr08).
Live Nation will now promote altogether of Jay-Z's transcription and execution ventures.
According to Hoarding.com, Populate Nation will contribute $5 one thousand thousand (GBP2.5 jillion) for each one year in smash for five-spot eld and propose $25 1000000 (GBP12.5 zillion) to finance Jay-Z's external acquisitions and investments, plus $10 jillion (GBP5 jillion) per album for a minimum of trinity albums.
Jay-Z will too receive another $20 one thousand thousand (GBP10 gazillion) for other rights, including publication and licensing.
Live Country is already producing the current Jay-Z/Mary J. Blige tour in North America.
The rapper reportedly splice longtime girlfriend Beyonce Knowles last calendar month (Apr08).
Dismal Euphony
