Congratulations are in order for Jay-Z. He just signed an exclusive ten-year touring contract with Live Nation. Variety report the new agreement – which is reportedly worth $200 million dollars – extends his current situation with them and will feature them producing and promoting his concert events.
Jigga said in a statement, “Live Nation and I entered unchartered territory in 2008. 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 ten years, we will continue redefining the live event landscape.”
Looks like Beyoncé, Blue Ivy, and the new twins will be taken care of for years to come.