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Home » Rap News, Rappers » A closer look at Jay-Z’s US$150 million Live Nation Deal in 2008

Jay-Z’s US$150 million Live Nation deal was a one of a kind that’s unlikely to be repeated in the coming years. It was even higher than Madonna’s US$120 million 10 year deal.

Here’s a breakdown of the $150 million from the New York Times:

  • US$25 million: Upfront payment
  • US$25 million: General advance including fees for tours
  • US$30 million: Advance payment of US$10million per album for a minimum of 3 albums
  • US$20 million: Other payments including publishing, licensing and other rights.
  • US$25 million: Overheads for new venture (Roc Nation) of US$5million per year for 5 years
  • US$25 million: Available to finance Jay-Z’s acquisitions and investments

Some interesting points to note:

It seems that as part of the deal, Live Nation agreed to finance a new joint venture RocNation that would fund businesses, acquisitions and investments directed by Jay-Z of up to US$50 million.

There’s a US$25 million upfront payment and an Advance payment of US$10million per album for a minimum of 3 albums which probably contributed to Jay-Z’s estimated earnings of US$82 million in 2007-2008.

Profits from RocNation will be split with Live Nation and presumably, Jay-Z will also have a share in the profits from the ventures.

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One Response to “A closer look at Jay-Z’s US$150 million Live Nation Deal in 2008”

  1. IMO … LiveNation were desperate to get into the Hip-Hop market & paid way too much.

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