Despite sources at Universal Music Group stating the company has not yet discussed taking the place of Live Nation in partnering with Roc Nation to replace Live Nation’s $150 million recorded music deal, the first photo’s have emerged of Roc Nation head Jay-Z and trusted advisor Desiree Perez leaving the offices of UMG head Sir Lucian Grainge. The Live Nation deal signed in 2008 was groundbreaking at the time for its financial size and the length of the contract, as the 10 year deal draws to a close the Live Nation brand is said to be looking to exercise its right to break out of the deal to concentrate on the live tour aspects of the Roc Nation stable of artists. Related article on hitsdailydouble.com.
Desiree Perez has already built a reputation as one of the shrewdest and powerful negotiators in the music industry and seems to have begun the search for a new recorded music partner for the Roc Nation label. Sir Lucian Grainge’s Universal Music Group has already built a strong relationship with Roc Nation, Jay-Z, and Desiree Perez prior to the recent meeting taking place. The Universal Music Group has already taken a stake in the distribution of Roc Nation’s recordings and sources within the organization stated the company has not discussed any further deals but would be open to developing greater links with the brand. Follow Dez recent timeline activities, click on crunchbase.com.
Roc Nation is operated with a management team operating as a collective featuring a core team of four executives, including both Jay-Z and Desiree Perez; a series of deals have been signed by Roc Nation’s leading artists based on the negotiating skills of Desiree Perez. Accounting skills and the ability to understand the complex details of the publishing industry are just some of the reasons why Desiree Perez has become one of the leading music industry executives of the 21st-century. Hop over to runninglip.com for related article.
For updates from Desiree, visit https://www.linkedin.com/in/desiree-perez-0009a413a/