8 Landmark Deals in Black Music

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Jay-Z inked a $150 million deal with Live Nation in April 2008, making a groundbreaking move in the music industry with a 360 model that benefits both the artist and the music tour giant. The hip-hop entrepreneur left his longtime label Def Jam for a deal that includes financing for his own entertainment venture, as well as recordings and tours for the next decade.

Jay-Z inked a $150 million deal with Live Nation in April 2008, making a groundbreaking…