Roc Nation is an American entertainment company that was established in 2008 by Jay-Z that aims to partner with the biggest names in the music industry. One of the top executives of Roc Nation is Desiree Perez, who is making sure that the best deals are the only ones being agreed upon for the benefit of the company. Roc Nation is active all throughout the United States, and they have offices in the country’s major cities. They also have previous contracts with musicians for so many years, including the likes of Rihanna, Demi Lovato and Lil Wayne. Aside from partnering with individual musicians, Roc Nation also tend to partner with other management and recording companies and studios, and just recently, they started focusing on being a full service entertainment company. Roc Nation currently has their own record label, talent agency, touring company, concert production company, music company, TV production company, film studio, and a music publishing house. Related article on igstars.com.
The founder of Roc Nation, Jay-Z, is signed with another entertainment company named Live Nation. However, this $150 million contract is soon to end, as it was first signed in 2008 and the deal would last for a decade. Jay-Z is planning to switch to his own company instead, and would not sign any more deals with third party companies. Jay-Z stated that he plans to purchase Live Nation instead, and if they won’t agree with his plans, he will just sell them stakes from his own Roc Nation. Live Nation on the other hand, stated that once Jay-Z is out, they would tend to move away from the music industry as well. However, other sources reveal that Live Nation still wants to have their concert contracts with Jay-Z renewed. Check this on pagesix.com.
Desiree Perez, one of Roc Nation’s top executive, has been reported to be meeting with Universal Music Group executives. She has been seen meeting with the chairman of the UMG, tagging along Jay-Z with her. For an update of Dez timeline activities, click on crunchbase.com. This meet up has sparked some speculation that UMG is interested in buying stakes from Roc Nation. Desiree Perez stated that their move is for the benefit of Roc Nation, and they’ll do everything that would help their company reach the top. For blogs and updates from Dez, visit linkedin.com.
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