So I just learned something today; the deal that Hov locked in with Warner Music was a worldwide publishing deal. Now, shortly after the news of Roc Nation Sports, Jay-Z has inked a full partnership deal with Universal Music….he also spoke on the marriage:
“We are looking forward to working with Lucian [Grainge, Chairman and CEO of UMG] and the incredible team he’s assembled at Universal. We would like to applaud Lucian for collaborating with us to strike a new age deal. This agreement presents a unique opportunity for Roc Nation’s artists-being able to continue to operate as an independent label with the strength, power and reach of the best major. I look forward to a long and prosperous collaboration with UMG. It feels good to be home.”
