Is He Even Back From Cuba? Jay Z’s Roc Nation Announces A Global Deal With Universal Music Group

April 8, 2013  |  

Wasn’t he just walking around Cuba celebrating his fifth wedding anniversary? Oh well. Business is business.

Jay Z’s Roc Nation has announced a multi-year global deal with Universal Music Group (UMG)  such that Roc Nation will run as its own, standalone label. That means albums from Jay Z, Rihanna, and other artists will be released under the UMG umbrella.

“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,” said Lucian Grainge, Chairman and CEO of UMG in a press release statement. We might not notice too much difference, but on the back end, it means backing from a huge company.

Meanwhile, we’re also hearing that the Made In America Festival will be returning to Philadelphia August 31 to September 1. We see a trip to Philly in our future! Last year, acts included Kanye West, Pearl Jam, and Drake.

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