Jay Z and Live Nation Sign 10-Year, $200 Million Deal

Shawn “Jay Z” Carter and Live Nation announced an exclusive 10-year touring partnership. The agreement continues the MC’s longstanding partnership with the world’s biggest live-entertainment company. The deal includes worldwide touring and will see Live Nation producing and promoting Jay Z concert events.

A source tells Variety the deal is worth $200 million.

The deal, which recalls Live Nation’s 2007 $120 million deal with Madonna, will see Jay Z under a touring contract with the company until he is 57 years old. His recorded-music output has tailed off in recent years but he continues to tour regularly and has four shows scheduled for September, including one at his annual Made in America festival in Philadelphia over Labor Day weekend.

“Live Nation and I entered unchartered territory in 2008,” Jay Z said in a statement. “Over nine years, we have traveled the world producing historic music experiences. [Live Nation president and chief executive officer] 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.”

“Jay Z is one of the world’s preeminent touring artists,” Rapino added. “This strengthens the creative and business partnership of someone that continues to expand his touring base and reach.”

More Biz

  • Time Warner

    Judge Indicates Shutdown Won't Delay AT&T-Time Warner Antitrust Case

    Shawn “Jay Z” Carter and Live Nation announced an exclusive 10-year touring partnership. The agreement continues the MC’s longstanding partnership with the world’s biggest live-entertainment company. The deal includes worldwide touring and will see Live Nation producing and promoting Jay Z concert events. A source tells Variety the deal is worth $200 million. The deal, which […]

  • LA Times building

    Los Angeles Times Newsroom Votes 248-44 in Favor of Unionization

    Shawn “Jay Z” Carter and Live Nation announced an exclusive 10-year touring partnership. The agreement continues the MC’s longstanding partnership with the world’s biggest live-entertainment company. The deal includes worldwide touring and will see Live Nation producing and promoting Jay Z concert events. A source tells Variety the deal is worth $200 million. The deal, which […]

  • Ross Levinson LA Times

    L.A. Times Publisher Ross Levinsohn Under Investigation Following Report Of Sexual Harassment Settlements

    Shawn “Jay Z” Carter and Live Nation announced an exclusive 10-year touring partnership. The agreement continues the MC’s longstanding partnership with the world’s biggest live-entertainment company. The deal includes worldwide touring and will see Live Nation producing and promoting Jay Z concert events. A source tells Variety the deal is worth $200 million. The deal, which […]

  • Wilson Cruz Trace Lysette

    Watch Variety's Facebook Live Stream of GLAAD Media Awards Nominations

    Shawn “Jay Z” Carter and Live Nation announced an exclusive 10-year touring partnership. The agreement continues the MC’s longstanding partnership with the world’s biggest live-entertainment company. The deal includes worldwide touring and will see Live Nation producing and promoting Jay Z concert events. A source tells Variety the deal is worth $200 million. The deal, which […]

  • Scooter Braun Speaks out on Sexual

    Scooter Braun, Manager of Justin Bieber, Kanye West, Ariana Grande, to Deliver Keynote at Midem Conference

    Shawn “Jay Z” Carter and Live Nation announced an exclusive 10-year touring partnership. The agreement continues the MC’s longstanding partnership with the world’s biggest live-entertainment company. The deal includes worldwide touring and will see Live Nation producing and promoting Jay Z concert events. A source tells Variety the deal is worth $200 million. The deal, which […]

  • PyeongChang Winter Olympics

    To Win Olympics, NBCU Must Lure Big Crowds -- and Small Streamers

    Shawn “Jay Z” Carter and Live Nation announced an exclusive 10-year touring partnership. The agreement continues the MC’s longstanding partnership with the world’s biggest live-entertainment company. The deal includes worldwide touring and will see Live Nation producing and promoting Jay Z concert events. A source tells Variety the deal is worth $200 million. The deal, which […]

  • Korean Giant to Emerge from CJ

    Korea's CJ Orders Up Merger of Media and Shopping Units

    Shawn “Jay Z” Carter and Live Nation announced an exclusive 10-year touring partnership. The agreement continues the MC’s longstanding partnership with the world’s biggest live-entertainment company. The deal includes worldwide touring and will see Live Nation producing and promoting Jay Z concert events. A source tells Variety the deal is worth $200 million. The deal, which […]

More From Our Brands

Access exclusive content