Live Nation Inks Jay-Z
04/04/2008
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(Hecklerspray) Following similar deals with Madonna and The Rollings Stones, Live Nation has signed up Jay-Z. And if you were wondering what price you'd get a past-his-best, commercially-stagnating rapper for these days, the answer is clear $150 million.$150 million might sound like a lot for Live Nation to pay for Jay-Z, but don't forget that these Live Nation contracts don't just involve recordings - it'll have a slice of everything from Jay-Z's concert tickets to merchandise sales to 'entrepreneurial concepts' as well. Plus on Christmas Eve and the Queen's birthday one lucky Live Nation executive gets to briefly look at Beyonce's knickers. Money well spent, we're sure. Jay-Z has signed over more or less everything he'll ever do in the future to Live Nation in return for $150 million or, as he prefers to call it, one pair of quite nice shoes. - more on this story 
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