Desiree Perez and Roc Nation Look for New Deal

Desiree Perez and Jay Z of Roc Nation have a heck of a decision to make in the coming months. Jay Z had locked in his company, Roc Nation, to a huge ten year contract with the company Live Nation. The deal paid Jay Z a hefty $150 million and made him one of the largest business moguls in the hip hop game. With the ten year ‘360 Deal’ coming to a culminating it means that Jay Z and his team are ready to start negotiating again. Live Nation and Jay Z have both gone under big changes over the past decade and that could mean a huge change for both parties.  More of this on pagesix.com.

Preliminary talks between Live Nation and the Jay Z camp have been relatively fruitless at this point. Live Nation wants to move away from recorded music in studios but that is a huge aspect, obviously, of what Jay Z and Roc Nation are trying to do. Live Nation is reportedly still interested in representing Jay Z’s touring businesses but that could mean dramatically altering the deal. It only makes sense that Perez and Jay Z would want to go ahead and try out different contracts.  Check igstars.com for related article.

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Jay Z and Desiree Perez were spotted at a sit down dinner in Santa Monica, CA alongside Sir Lucian Grainge of Universal Music Groupe. Grainge is the Chairman and CEO at Universal Music Group and a sit down meeting between the two parties is pretty clearly a big deal, more of this on saltylens.com.  Still, UMG has been pretty hush about the topics of the meeting only saying that they are enjoying a ‘fruitful relationship’ with Jay Z. However, this doesn’t mean that Jay Z and Desiree Perez are ready to sign any deals any time soon. We’ll see when Jay and his team are ready and not before.  For update on Dez recent timeline activities, click crunchbase.com.

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