Wednesday, April 2, 2008

Jay-Z and Live Nation Alliance as New Model for Music Sales

In a move that reflects the anarchy sweeping the music business, the superstar rapper Jay-Z, who plans to depart his longtime record label, is on the verge of closing a deal with the concert giant Live Nation for roughly $150 million, that includes financing for his own entertainment venture, in addition to recordings and tours for the next decade.

read more | digg story

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