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Celeb News: Jay-Z & Roc Nation Sign With Universal Music Group
Member Since: 8/21/2011
Posts: 8,665
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Jay-Z & Roc Nation Sign With Universal Music Group
The announcement was made this morning that Jay-Z would be taking his successful music label Roc Nation over to Universal Music. The deal allows Roc Nation to continue to operate as an independent label and the upcoming releases from all its artists, such as Jay-Z, Rihanna, Shakira, J. Cole and more, will be released via Universal Music.
Here is what Jay had to say about the deal:
"This agreement presents a unique opportunity for Roc Nation's artists-being able to continue to operate as an independent label with the strength, power and reach of the best major. I look forward to a long and prosperous collaboration with UMG. It feels good to be home."
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Member Since: 3/15/2013
Posts: 8,406
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ATRL Contributor
Member Since: 3/13/2011
Posts: 9,521
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Shakira is only managed by Roc Nation, right?
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Member Since: 6/28/2010
Posts: 7,399
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Quote:
Originally posted by Maelstrom
Shakira is only managed by Roc Nation, right?
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Yep, I think she is signed to Columbia or sth.
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Member Since: 5/7/2009
Posts: 53,753
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Even more money for teh carters.
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Member Since: 4/24/2012
Posts: 120
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UMG's acquisition of all these labels recently is going to turn them into a powerhouse monopoly. I am BOWING.
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Banned
Member Since: 12/5/2011
Posts: 14,156
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Quote:
Universal Music Group (UMG), the world’s leading music company, and Roc Nation, the renowned entertainment company founded by Shawn “JAY Z” Carter, announced today that they have entered into a multi-year, worldwide partnership under which the Roc Nation music label will operate as a standalone label within the UMG family, effective immediately. Financial terms of the deal were not disclosed. As part of the agreement, forthcoming albums from JAY Z, Rihanna and many others will be released through UMG worldwide.
In making the announcement, Lucian Grainge, Chairman and CEO of UMG, said, “In just five years, Roc Nation has established itself as one of the most successful brands in music with a reputation for developing some of today¹s most influential and popular talent. Not only does this agreement provide a dynamic platform for Roc Nation’s exciting emerging artists, it extends our relationship with the extraordinary Rihanna and represents a homecoming for JAY Z—a brilliant artist and entrepreneur, who has been a creative cornerstone of our company. All of us at UMG are thrilled that JAY and Roc Nation chose UMG as their partners, knowing we will support their artists with a level of resources, expertise and passion that is simply unmatched in the industry.”
Shawn “JAY Z” Carter said, “We are looking forward to working with Lucian and the incredible team he’s assembled at Universal. We would like to applaud Lucian for collaborating with us to strike a new age deal. This agreement presents a unique opportunity for Roc Nation’s artists—being able to continue to operate as an independent label with the strength, power and reach of the best major. I look forward to a long and prosperous collaboration with UMG. It feels good to be home.”
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Member Since: 1/25/2012
Posts: 6,215
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The carters coming for the billion dollars. When will your fave? When?
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Banned
Member Since: 12/5/2011
Posts: 14,156
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Rihanna coming for higher ranks on Forbes than your faves, more 3m albums, multiplatinum, top 10, #1 singles, albums. UMG better werk that promo.
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Member Since: 9/19/2011
Posts: 32,201
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Quote:
Originally posted by Ady.
Rihanna coming for higher ranks on Forbes than your faves, more 3m albums, multiplatinum, top 10, #1 singles, albums. UMG better werk that promo.
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But Rihanna is only managed by them...
Roc Nation artists are Jay-Z, J. Cole, Rita Ora, Bridget Kelly, Alexis Jordan, Hugo, Jay Electronica, Willow Smith, K Koke, Sugababes & Arlissa...
Now where you see Rihanna's name 
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Banned
Member Since: 12/5/2011
Posts: 14,156
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Quote:
Originally posted by Xalric
But Rihanna is only managed by them...
Roc Nation artists are Jay-Z, J. Cole, Rita Ora, Bridget Kelly, Alexis Jordan, Hugo, Jay Electronica, Willow Smith, K Koke, Sugababes & Arlissa...
Now where you see Rihanna's name |
http://rocnation.com/news/single/?id=4380
As part of the agreement, forthcoming albums from JAY Z, Rihanna and many others will be released through UMG worldwide.
“In just five years, Roc Nation has established itself as one of the most successful brands in music with a reputation for developing some of today¹s most influential and popular talent. Not only does this agreement provide a dynamic platform for Roc Nation’s exciting emerging artists, it extends our relationship with the extraordinary Rihanna"
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ATRL Contributor
Member Since: 3/13/2011
Posts: 9,521
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Shakira, Rihanna, Beyonce and Kylie are only managed by Roc Nation. They all keep their existing record deals.
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Banned
Member Since: 12/5/2011
Posts: 14,156
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So this means bye bye Def Jam?!
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Member Since: 1/2/2012
Posts: 22,450
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Great. 
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Member Since: 8/1/2012
Posts: 4,224
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They better not have the power to screw around with release dates.
I need Matangi soon 
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