Jay Z has signed a 10-year partnership deal with Live Nation that’s worth $200 million, sources tell Variety.
The deal involves worldwide touring with the live-entertainment company producing and promoting Jay’s concerts.
In a statement, Jay Z says, “Live Nation and I entered unchartered territory in 2008. Over nine years, we have traveled the world producing historic music experiences. [Live Nation president and chief executive officer] Michael Rapino is an industry visionary, and this renewed partnership is a testament to our longstanding relationship and the talented individuals at Live Nation. For the next 10 years, we will continue redefining the live event landscape.”
Read more at Variety.
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