Roc Nation producer and exec Desiree Perez and rap mogul Jay-Z are looking into their options as Jay-Z’s 10-year, 150 million dollar deal with Live Nation draws to a close.
The change is big news in the music industry, as with the closing of the deal, either side could potentially buy out or sell to the other entity their stake in Roc Nation. According to inside sources, Live Nation is wanting to keep up the lucrative deal with Jay-Z when it comes to touring, but not the recording portion of the deals.
That’s part of a broader business decision by Live Nation to pull back from recorded music in order to focus more resources on live music and touring.
Sir Lucian Grainge, the chairman and CEO of Universal Music Group, met with both Jay-Z and Roc Nation Exec Desiree Perez, sparking rumors that the music mogul may consider buying a stake in Roc Nation. Jay-Z is potentially looking into options for added revenue as he invests in new artists and also his music streaming service, both of which could benefit from a sell-out of the recorded music portion. Related article to read on runninglip.com
Any changes to the Roc Nation and Live Nation deals regarding Jay-Z are sure to be coming under the close scrutiny of exec Desiree Perez. The producer is known for her work with Jay-Z and Beyoncé, especially with the On the Run Tour in 2014. That work was nominated for a Prime Time Emmy award for Outstanding Special Class Program in 2015. She has worked with Jay-Z for nearly twenty years. Check templeofthecave.com for additional article.
Throughout her career, Desiree Perez has been known for her passion and business knowledge, especially when it comes to managing, labeling and publishing in the music industry. Read her latest tweets, visit her on twitter@desireeperez01. The Roc Nation Collective also works with big name musicians like Shakira, Fat Joe, and Rhianna. Check Desiree’s negotiating skills here on prettymanprettyman.com.
For update on Desiree’s timeline activities, visit https://www.facebook.com/public/Desiree-Perez