Deal Continues Long-Standing Partnership with Largest
Producer of Live Music Concerts
NEW YORK, May 11, 2017 /PRNewswire/ -- Today, Shawn
"JAY Z" Carter and Live Nation announced an exclusive touring
partnership. The agreement continues JAY Z's longstanding
partnership with the world's leading live entertainment company.
The deal includes worldwide touring, in which Live Nation will
produce and promote JAY Z concert events.
"Live Nation and I entered unchartered territory in 2008. Over 9
years, we have traveled the world producing historic music
experiences. Michael Rapino is an
industry visionary, and this renewed partnership is a testament to
our longstanding relationship and the talented individuals at Live
Nation. For the next 10 years, we will continue redefining the live
event landscape," stated JAY Z.
"JAY Z is one of the world's preeminent touring artists," added
Michael Rapino, president and chief
executive officer, Live Nation Entertainment. "This strengthens the
creative and business partnership of someone that continues to
expand his touring base and reach."
ABOUT SHAWN "JAY Z" CARTER
Since 1996, 21-time GRAMMY award-winner, Shawn "JAY Z"
Carter has been a dominant force in popular
culture. With multiple businesses
and accolades across the recording industry and
strong relationships with global investment
leaders like Warren Buffet, JAY Z personifies the
"American Dream." Among his achievements, Carter has
served as President of Def Jam Recordings, launched the successful
"Made In America" festival, acquired luxury spirits brand
Armand De Brignac and maintains his role as majority
owner in the 40/40 sports clubs. In
2013, Carter launched Roc Nation Sports, whose roster
includes three-time NBA scoring champion and Oklahoma
City Thunder star Kevin Durant and MLB All-Star
Seattle Mariners second baseman Robinson Cano. Carter
became co-owner in global streaming service, TIDAL, in 2015. In
2017, Carter became the first Hip-Hop artist to be inducted into
the Songwriters Hall Of Fame.
Carter is active in giving back to the community, most
notably through his philanthropic work
through the Shawn Carter Foundation. The Foundation,
founded in 2002, is dedicated to helping individuals facing
socio-economic hardships further their education, encouraging them
to tap into their potential. Since the foundation
launched, Shawn Carter Scholars are studying at over 100
institutions of higher education throughout the
nation.
About Live Nation Entertainment
Live Nation Entertainment (NYSE: LYV) is the world's
leading live entertainment company comprised of global market
leaders: Ticketmaster, Live Nation Concerts and Live Nation Media
& Sponsorship. For additional information,
visit www.livenationentertainment.com.
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