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Square, the mobile payments company led by Mr. Dorsey, announced on Thursday its plan to acquire a “significant majority” of Tidal, the streaming music service owned by Jay-Z and other artists — including Beyoncé, Jay-Z’s wife, and Rihanna, who is a client of Jay-Z’s entertainment management company, Roc Nation.
Square will pay $297 million in stock and cash for the stake in Tidal. Jay-Z will join Square’s board.
This past Monday, rapper Jay-Z unveiled a deal with LVMH to expand his Armand de Brignac champagne globally. The next day, Oatly, the Swedish vegan-milk group in which he has invested, took its first step towards a $10bn initial public offering.
Former Mets general manager Brodie Van Wagenen is joining Jay-Z's Sports as the company's chief operating officer, Van Wagenen announced.
Van Wagenen worked with Roc Nation when he was the co-head of Creative Arts Agency's baseball division. Van Wagenen took the Mets job in October 2018 and left the agency.
"We believed in the vision Jay and [Juan Perez] had back in 2013," Van Wagenen told ESPN's Jeff Passan. "We've stayed in constant contact with them. It was a natural homecoming."
Funk Flex and Jay-Z's feud extends years, but the DJ added a new chapter by consigning a report accusing the Hip Hop mogul of cutting a deal with former President Donald Trump in exchange for Roc Nation CEO Desiree Perez's pardon.
Funk Flex announced on Instagram that he has "a story to tell" in relation to the report. He posted a photo of a tabloid story covering Perez being accused of wearing wiretaps for the feds after her arrest.
The Sharks’ ground-breaking deal with American consortium MVM Holdings has been consolidated by a partnership announcement with Roc Nation, one of the world’s leading marketing companies that promotes the likes of massive singing sensations in Rihanna and Shakira.
The company was founded in 2008 by rapper legend Jay-Z and has offices in New York City, London, Nashville and Los Angeles, and it clearly has the expertise and marketing muscle to grow the Sharks into a global brand.
In the deal formalized a fortnight ago between MVM and the Sharks, New York lawyer Marco Masotti showed he has the financial clout to take the Sharks to a new level and in Roc Nation he has the tool to exhibit the Sharks on the international stage.
Perez was granted a full pardon for being involved in a conspiracy to distribute narcotics, the White House said, a conviction that is more than 25 years old. "Since her conviction, Ms. Perez has taken full accountability for her actions and has turned her life around," the White House said in a statement. "She has been gainfully employed and has been an advocate for criminal justice reform in her community."
"I'm grateful to have received a pardon and to have formally closed that chapter of my life in the eyes of the law," Perez said in a statement provided to Billboard. "I have taken full accountability for my mistakes from 25 years ago, but I also take tremendous pride in my personal growth, perseverance and accomplishments since then. This pardon reinforces my lifelong commitment to advocate for criminal justice reform and social justice initiatives."
Another round of Celebrity Match Up's is back. This time they hit these scene with New York rappers Jay-Z of Roc Nation and 50 Cent of G-Unit.
Both rappers has made there mark in the industry. 50 Cent recently released his book, Hustle Harder, Hustle Smarter, in which the rapper speaks on the alleged rift between JAY-Z and Kanye West and why he believes Hov has become "disappointed" with his friend Ye. 50 Cent says his relationship with Jay-Z is purely ''business'' and insists the pair will never be friends.
50 and Jay-Z were involved in a rap ‘beef’ with each other in early 2009, but while neither has said anything publicly to settle their differences, they met backstage when Jay-Z played a huge concert with 50’s mentor, Eminem, at Detroit’s Comerica Park last year, although 50 refuses to say what happened between them.
1501 Records simultaneously inked a deal with Houston legend, J. Prince. “Carl is from my hood better known as 5th Ward and I’m proud to be his new partner moving forward,” Prince wrote at the time.
Months later, Meg accused 1501 of not allowing her to drop new music because she requested a negotiation of her contract. She also fired off a $1 million lawsuit and a temporary restraining order, which allowed her to drop all the music we heard since.
Roc Nation, the entertainment company founded by the rapper, is starting an imprint with Random House called Roc Lit 101. In a joint announcement Tuesday, Random House and Roc Nation promised “books at the dynamic intersection of entertainment and genre-defying literature.” Among the initial releases for next summer: “Till the End,” a memoir by the retired pitching star CC Sabathia; and music journalist Danyel Smith’s “Shine Bright,” a story of Black women in music that combines memoir, criticism and biography.
Roc Nation also has Manchester City midfielder Kevin De Bruyne and Manchester United forward Marcus Rashford on its roster.
The partnership was unveiled on Saturday in the form of a mural depicting homegrown Leeds and England midfielder Kalvin Phillips, alongside club legends Lucas Radebe and Albert Johanneson, in Leeds city centre.
Jay-Z has dropped news about next year’s Super Bowl halftime performance letting fans know that Roc Nation has teamed up with Pepsi and the NFL to bring Canadian singer The Weeknd to center stage of the most electrifying sporting experience in the country.
Set for Sunday, February 7, 2021, at the Raymond James Stadium in Tampa Bay, Fl, the Pepsi Super Bowl LV Halftime Show, the Weeknd will sing and perform his top songs — and possibly bring on other big-name artists that will most likely be announced over the next few months.
“We all grow up watching the world’s biggest acts playing the Super Bowl and one can only dream of being in that position. I’m humbled, honored and ecstatic to be the center of that infamous stage this year,” The Weeknd said.
Founded by the rapper in 2008, the company currently boasts the likes of Megan Thee Stallion, Mariah Carey, Nick Jonas and Haim on its roster. As Variety reports, Aguilera has now been added to the label’s management division – though an official announcement is yet to be made.
Sources close to Roc Nation claim that the deal went through weeks ago, and the pop star is now listed on the company’s website. There’s currently no word on potential new material from the singer. It comes after Aguilera announced she’d parted ways with her manager of 20 years, Irving Azoff, last week. It’s unknown whether her team-up with Roc Nation Management came prior to or after their decision to split.
Cole was killed on Feb. 2 by Wauwatosa police officer Joseph Mensah, less than three minutes after police began to chase him through the parking lot of Mayfair mall.
The rally is set to take place at 2:30 p.m. CT on Oct. 15 in Hart Park at 7300 Chestnut Street. Face masks are required to attend.
Cole’s family, State Rep. David Bowen, and members of Until Freedom will all participate in the rally, and call for Mensah to be terminated for his actions, and Wauwatosa Police Chief Barry Weber be fired. The rally will additionally demand for the Wauwatosa Police Department to require body cameras.
According to the DoJ, Aaron Barnes-Burpo and Walker Washington both pleaded guilty to conspiring to commit wire fraud, a charge that could land both up to two decades in prison.
According to an Associated Press report from when the trial first began in February, Barnes-Burpo and Washington took advantage of hotels to the tune of more than $100,000, including some of the most luxurious hotels in the southern U.S.
