24/7 Wall St.
04-03-2008, 07:30 AM
<b>24/7 Wall St. Daily News</b>
Live Nation (LYV) is about to sign over $150 million to rapper and serial business start-up master Jay-Z. For the privilege the NYSE listed company gets a piece of all Jay-Z's business enterprises over the next ten years. According to The New York Times "the arrangement would position Live Nation to participate in a range of new deals with Jay-Z, one of music’s most entrepreneurial stars, whose past ventures have included the Rocawear clothing line, which he sold last year for $204 million, and the chain of 40/40 nightclubs." The deal won't work on a number of levels. Jay-Z is...<div class="feedflare">
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complete story here... (http://www.247wallst.com/2008/04/live-nation-lyv.html)
Live Nation (LYV) is about to sign over $150 million to rapper and serial business start-up master Jay-Z. For the privilege the NYSE listed company gets a piece of all Jay-Z's business enterprises over the next ten years. According to The New York Times "the arrangement would position Live Nation to participate in a range of new deals with Jay-Z, one of music’s most entrepreneurial stars, whose past ventures have included the Rocawear clothing line, which he sold last year for $204 million, and the chain of 40/40 nightclubs." The deal won't work on a number of levels. Jay-Z is...<div class="feedflare">
<a href="http://feeds.feedburner.com/~f/typepad/RyNm?a=07ZcfAG"><img src="http://feeds.feedburner.com/~f/typepad/RyNm?i=07ZcfAG" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/typepad/RyNm?a=zcFQ52G"><img src="http://feeds.feedburner.com/~f/typepad/RyNm?i=zcFQ52G" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/typepad/RyNm?a=eY51qFg"><img src="http://feeds.feedburner.com/~f/typepad/RyNm?i=eY51qFg" border="0"></img></a>
</div>
complete story here... (http://www.247wallst.com/2008/04/live-nation-lyv.html)