American singer Jay-Z, which is among the three highest-paid performers in the world, has signed a ten-year contract for $ 200 million with Live Nation.
According to the publication Variety, in this contract, the parties undertake to promote the tour of Jay’s “99 Problems” over the next ten years. Rapper and Live Nation have partnered since 2008.
“Over 9 years we have traveled the world, producing lasting musical impressions. This renewed partnership is a Testament to our longstanding friendship and a tribute of gratitude to the talented people at Live Nation. Over the next 10 years, we will continue to give you an incredible music” — reads the statement of the rapper and the company.
Recall that at the moment as a native of Brooklyn exceeds 810 million dollars. The only one who is now in front of James Forbes list – P Diddy with his 820 million dollars. Jay-Z is not only a talented musician, he is also a successful businessman. So, its streaming business now Tidal is estimated at $ 600 million, and it’s 10 times more than he spent on his purchase of two (!) years ago.
The last tour of the rapper’s “Magna Carter World Tour” and “On the Run Tour”, which he spent with his wife beyoncé, was held in 2014. Now Jay can be seen only on the stage of big festivals, for example at the event, Made in America, held in Philadelphia, founded by himself.