Shawn Corey Carter a.k.a. Jay Z has proven time and time again that he is a great businessman when it comes to music, clothes, clubs, sports agencies and more. Back in 2008, he shocked the entertainment world by signing a 10 year deal with Live Nation valued at $150 million which has proven to be very fruitful for all parties involved.
With the success of that venture, Live Nation has decided to re-invest and sign Jay-Z to another 10 year deal valued this time at a whopping $200 million this time.
Live Nation’s president and chief executive officer, Michael Rapino, stated that “Jay Z is one of the world’s preeminent touring artists. This strengthens the creative and business partnership of someone that continues to expand his touring base and reach.” Jay Z and Live Nation also co-own Roc Nation and there is no mention of any changes to that venture.
With his worth, this deal and being married to the baddest chick in the game, Beyonce…..Jay Z is definitely winning and shining bright as a mega star!!!
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