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Jay-Z Get's $150 Million Deal To Help Launch Record Label

Jay-Z is reportedly close to finalizing a $150 million deal with concert promoter Live Nation to launch a venture called Roc Nation. According to The New York Times, the venture is part of a ten-year deal that will finance Jay-Z's record label, his upcoming tours and various endorsements and investments. Jay-Z will split his profits with Live Nation. As part of the deal, Jay-Z would have to drop three albums […]

todayApril 3, 2008 2

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