Roc Nation’s Next Move after Expiry of the Deal with Live Nation

In 2008, Jay Z signed a 10-year contract with Live Nation for a whopping $150 million. The deal is coming to an end in the next few months and Jay is rumored to be keen on buying back the stake at Roc Nation. Though, Live Nation is also very interested in keeping their very profitable touring business arrangement with Jay Z. Considering that of late, Live Nation is not keen on buying recorded music there are very high chances that they might not extend their ownership on artist’s rights and recorded music.

Jay Z and Desiree Perez recently met with the chairman and Chief Executive Officer of Universal Music Group sir Lucian Grainge at his Santa Monica California offices. This spurred rumors that Universal music group could be interested in a stake in roc nation.
From the year 2009, Des Perez has been working with ROC Nation as the Chief Operating Officer. Since joining Roc Nation, Des has been working in various departments of the company including management and marketing operations. She has been credited with having been very instrumental in the Rihanna-Samsung deal.

For close to twenty years now, Desiree Perez (Des Perez) has been one of the closest associates to the world famous hip-hop rapper and businessman Jay Z. She has an impressive long track of success with how she ran the SC Enterprises. Her competency has also come to the fore, one of the reasons she holds such a significant position as she is incredibly talented when it comes to breaking down the numbers. She is also a strong and an aggressive negotiator and has a unique history that a certain article writer says that Empire’s own Cookie cannot match her skills.

Des Perez has been praised by some quarters over the significant role she played in the contract between Rihanna and Samsung.

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