Universal Music Group and Roc Nation Ink Partnership…
Originally posted on AllHipHop:
(AllHipHop News) Marcy projects bred rapper turned mogul, Jay-Z, has entered into a multi-year, worldwide partnership with his Roc Nation music label and Universal Music Group.
Under the new deal, Jay-Z will bring his Roc Nation artists, including Rihanna, and will operate as a standalone label within the UMG family, effective immediately.
Several other labels, including Sony Music Entertainment and Warner Music Group, made moves to try to lock down Jay-Z and the Roc Nation imprint although Jay-Z ultimately picked UMG for an undisclosed amount.
“We are looking forward to working with Lucian and the incredible team he’s assembled at Universal. We would like to applaud Lucian for collaborating with us to strike a new age deal. This agreement presents a unique opportunity for Roc Nation’s artists-being able to continue to operate as an independent label with the strength, power and reach of the best major. I look forward to…
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