Jay Z’s deal with Live Nation is going to end soon, and the famous singer is looking to cash in with a new deal for Roc Nation. The Live Nation deal was signed in 2008. It was supposed to last for ten years, and it was worth one hundred and fifty million dollars. Since the deal is up, the future of Roc Nation is on their minds, as they can sell their stakes in the company or buy the company outright. Live Nation may continue the touring part with Jay Z, but as for the recording music part, it will not continue with a new deal with Jay Z. Live Nation just is not buying any recorded music anymore.
That forces Jay Z to look at cashing out with his stakes in Roc Nation. Rihanna is also an artist that is on Roc Nation.Desiree Perez, who is a top executive at Roc Nation, met, together with Jay Z, with the CEO of Universal Music Group. It is thought that Universal Music Group may be looking into a deal to buy off Roc Nation. Such a sale would give Jay Z the resources he needs to develop even more artists. Universal Music Group already has a small stake in Roc Nation, but there is speculation that a much bigger deal is on hand.
Desiree Perez is the Chief Operating Officer at Roc Nation. She has been a close associate of Jay Z for around two decades. She is known to be a queen of negotiation, and she is also known to be excellent when it comes to crunching numbers and figuring out what the results of a deal will be and whether a deal will be profitable. Desiree Perez is known for having played a major role in the deal with Rihanna and Samsung.
Meat industry titan and Chairman and Chief Executive Officer of OSI Group, Sheldon Lavin, is well known throughout the business world for his savvy business exploit and acute acumen, and although he has steadily risen to the top over a career that has spanned nearly five decades, he got his start in a very different industry. Prior to joining OSI Group as a consultant in the early 1970’s, Mr. Lavin was a successful investor and executive in the banking industry, while also heading a financial consulting firm.
In 1970’s Mr. Lavin was asked to help secure funding for Otto and Son’s in a major deal that would allow the company to become the Midwest supplier of meat for the McDonald’s Corporation. In order for Otto and Son’s to become the major supplier for McDonald’s Corporation, they would first need to build a new meat processing factory. During the completion of the deal with Otto and Son’s, Mr. Lavin was asked by the bank to become a partner in the company in order to ensure that things would go over as planned. While Mr. Lavin initially turned down the deal to come aboard with Otto and Son’s, he agreed to become a consultant for the company, with the caveat that if he would ever decide to join Otto and Son’s at a later date, he would be able to come aboard with a position similar to the heads of the company. By 1975, Mr. Lavin would become significantly more involved with Otto and Son’s, which would have the OSI Group name at this point, due to an open position in the company. At the behest of McDonald’s Corporation, Mr. Lavin would later come aboard at OSI Group in a full-fledged capacity, and by the 1980’s, he would oversee major expansion for the company. Today OSI Group employs nearly 20,000 people around the world, and due to the leadership of Mr. Lavin, has had a very high success rate within the industry, and a low turnover rate among its employees.
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