Live Nation Entertainment

Jay Z, Live Nation re-up on long-term touring deal

Jay Z, Live Nation re-up on long-term touring deal

Jay Z and Live Nation will continue their long-standing partnership, with the superstar signing a new 10-year deal touring deal, the two announced Thursday.

The agreement, reportedly worth $200 million, will see Live Nation continue to produce and promote the mogul’s live events.

In 2008, the two partnered for a decade-long agreement that saw the entertainment company offer Jay Z a deal that covered three albums, publishing and other business ventures — known commonly as a 360-deal — along with the launch of his Roc Nation imprint.

The new deal will focus solely on his touring efforts, although the rapper and Live Nation will remain equity partners in Roc...

61°