Archive for the ‘Music Streaming Industry’ Category

Roc Nation in Talks with Universal Music Group over a Possible Lucrative Deal

Tuesday, June 27th, 2017

As the lucrative $150 million deal between Jay-Z and Live Nation nears the end, Jay is reaching out other music industry leaders to buy stakes in Roc Nation; Jay’s recorded music business. The landmark deal, popularly known as the “360 deal” was agreed in 2008 and will be coming to an end next year. As the deal nears the end, both partners may decide to either buy the company outright or sell their share in Roc Nation to one another. Check pagesix.com for additional article.

Although Live Nation wishes to continue working with Jay for many years, they are no longer interested in Jay’s recorded music. It is evident the lucrative 360 deal will not be extended. Although Live Nation had bought recorded music and artists’ rights, there are no plans for extending the contract with Jay. This is after Live Nation decided to quit the business of buying recorded music. Roc Nation has exclusive rights for artists including Meek Mill, Fat Joe, Shakira, Rihanna, and Jay.

Turning to Universal Music Group

Roc Nation’s executive Desiree Perez and Jay met with Sir with the chairman and CEO of Universal Music Group (UMG), Sir Lucian Grainge. After the meeting, it is rumored that UMG could sign a deal with Roc Nation. A deal with UMG would provide Jay with more resources to develop new talents and strengthen Tidal, which is facing tough competition from Spotify and Apple Music.

Sources within UMG suggest that there is a distribution deal with Roc Nation. Although the deal represents a small portion of Roc Nation’s artists, a bigger investment could see UMG own more shares at Roc Nation. Even though Jay, Live Nation, Roc Nation and UMG representatives didn’t comment on the issue, UMG insiders suggest that UMG is committed to working with Jay’s Roc Nation.

About Desiree Perez

Desiree is the executive of Roc Nation. Perez has over 20 years of experience in the music industry. For blogs and updates, follow Dez on her linkedin.com page.  Over the years, she has made her name as one of the skilled negotiators in the industry. Her unmatched negotiation skills are believed to have played an instrumental part in landing Rihanna’s Samsung deal.   For updates on Dez recent timeline activities, hit this link to crunchbase.com

Read related article on http://saltylens.com/tidal-negotiations-lead-by-desiree-perez/

 

Tidal Streaming Music App is Making an Upward Turn

Wednesday, April 19th, 2017

If you have been waiting to see what happens with the Tidal streaming music app before you signed up, there is great news. Even though this app started out on rocky terrain, things are finally looking up financially, and by way of exclusive content!

Shawn Carter, known to the rap world by Jay-Z, founded this company himself after leaving the rap scene. He had some trouble getting the app off the ground and building enough of a fan base to keep it afloat, especially since he had trouble holding on to executives.

Desiree Perez, the wife of Juan Perez, head of Roc Nation Sports has taken the lead with the Tidal streaming music app. Since Roc Nation Sports has stake in the Tidal streaming music app, Desiree knew she had to jump in and taken an executive approach before the company landed in serious debt.  Check this on templeofthecave.com.

Perez owns her own successful business, and is well-known for her managerial skills, negotiation skills, and state-of-the-art accounting capabilities. She has worked with a lot of big names, including Beyonce, to book her stadium tours, and Rhianna, to land her deal with Samsung. She definitely has connections in the music industry and Tidal is the perfect place to take advantage of those connections.

Thanks to Perez, Tidal has landed some seriously strong contracts for album exclusives. The exclusives being released for the spring of 2017 include Beyonce, T.I., Rihanna, and Kanye West. For more updates from Perez, click on crunchbase.com.

Not only have they landed some multi-million dollar contracts, they have also brought in more than one million people to sign up as trial users since February. Of course these trial users will convert to long-term customers. At $9.99 per month, this will translate in to serious cash flow for the Tidal company.

Interestting story here.

The Future of Tidal

The future of Tidal is not certain, especially given the rumors that have been flying around. According to the multiple rumors, Jay-Z has been noted as saying that he would sell to a corporation if they brought enough money to the table.

Since Perez is quoted as saying “the company will be around for a long time to come,” the future seems to be a little up in the air right now. Check also billboard.com.

See https://www.tumblr.com/blog/desireeperezblog