In 2008, Jay Z made a deal of about $150 million with Live Nation. Lately, it is undergoing some rough edges. It’s on the verge of selling some of its stake in ROC Nation. Selling the whole company is another reality that they may have to face. Live Nation is getting a pretty good lucrative deal from Jay Z and wants to maintain its contact. Sadly, it doesn’t want to be involved with buying recorded music.
ROC Nation artist includes; Jay Z, Rihanna, Fat Joe, Meek Mill and Shakira. Jay Z and Desiree Perez, the CEO of ROC Nation, recently met up with the CEO of the universal music group, Mr. Lucian Grainge. They wanted him to become a shareholder in ROC Nation, which would help Jay Z develop new artists. The UMG currently have a distribution deal with ROC Nation. If they invested more in the company, they would, in turn, own much more substantial stake. They would still continue to work with Jay Z who is an influential mogul. and Desiree Perez on Facebook.com
Desiree Perez is an entrepreneur mogul. She became the CEO of ROC Nation from 2009 to date. She has been working for quite some time for the SC enterprises. Being good at crunching numbers and the tough business lady that she is has led to her success. Desiree is a fierce negotiator and has been able to close deals with very many clients and making good money in the music industry. She helped Rihanna secure a lucrative deal with Samsung. She plays a huge role in the company like labeling, management, and publishing. Desiree is also signing up clients based on sports in the ROC Nation Sports Agency. She has achieved a lot and worked with moguls in the music industry hence her massive success in the industry.