How Davy Jones And The Monkees Paved The Way For Jay-Z And Madonna
Davy Jones and The Monkees.
In April of 2008, Jay-Z agreed to a 10-year, $150 million deal with concert promoter Live Nation. The pact covered recordings, tours and endorsements, and provided funding for Roc Nation, a joint-venture record label and talent management agency over which Jay-Z would preside.
Jay-Z's agreement was among the most lucrative examples of the modern "360 deal," a setup where an artist gives up partial rights to multiple revenue streams in exchange for a hefty advance. ...
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Zack O'Malley Greenburg's Blog
Zack O'Malley Greenburg—a Jay-Z biographer and former Forbes editor—writes on the intersection of music, media and money.
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