RUMOR: Jay Z's Live Nation Deal FELL THROUGH … Now He's Out $150 MILLION!!

: Remember last year when Jay Z supposedly signed a $150M deal with Live Nation. Well, MediaTakeOut.com is hearing that the deal may fall apart before it even started.

What happened you ask?? Well word on the street is that the deal was never “officially” consummated – meaning the contracts were never signed - and now the peeps over at Live Nation are looking to back out of it.

And there may be something to the whispers. Because here’s an excerpt in today’s NY Daily News about a new deal between Jay Z and Atlantic:

A well-placed industry source tells us that Jay - who recently left Def Jam as a recording artist (he served as its president from 2004-2007) - has been taking top-secret meetings with his old pals and former managers Lyor Cohen and Kevin Liles. Topics of the hush-hush conversations have included giving Jay his own record label at WMG, tentatively to be called the Carter Music Group.

"Jay knows Lyor and Kevin from back when they all worked together at Def Jam, and he obviously wants to work something out with his friends," says our insider. "He wants to get the dream team back together. There have been a few whiffs of a reunion in the past, but only now - and very privately - is something finally starting to happen."

We can tell you FOR A FACT that Atlantic ain’t got nowhere near $150 million to give to Jay. So then why ELSE would Jay give up his Live Nation money to go there…

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CONVERSEnORGASM

ether -NAS


SugsWorth

still rich


AJALOVE2

i love you jay


Tashana09

Im pretty sure they both have each other back incase one flop.. But they probably got so much doe between the both of them it would b a while before they need to lean on each other


janlion

not like he needs it


Karamel_Treat

OH WELL


cynnimon

lol @ da caption.


OhioJesus

Camel don't look to bad in that picture

somebody needs to give this dude a fade while he's asleep


SoWhat1

Leave him alone!! He said in an interview that the Live Nation deal is to 100% real. Go to the Live nation website, they promote Jay more than ever!!


RighteousMadame

See when those devils are bored with you and your black asss loyalty they slowly start to do you in. Sooner or later, we'll see Jay Z runnin asss naked being chased outta Marcy by a bunch of goons in red bandanas headed by Jaz and Dehaven.

They dont care about your blow jobs...when they got young boys like Pretty Ricky with a fresher pair of lips & an easier younger asss hole. The older u get it aint fun for them anymore.


CHERYLINMIAMI

LIES LIES AND MORE LIES MTO. HOW OFTEN DO YOU HAVE A STORY FULL OF FACTS?

Jay-Z Close To Epic Records Deal

May 27, 2009 05:39 PM ET

Mariel Concepcion, N.Y. Jay-Z is close to signing a deal that will bring his future recordings to Sony, Billboard sources confirm. The deal -- which will link Jay-Z's Roc Nation releases with Sony's Epic Records for distribution -- "is 95% complete" according to people familiar with the ongoing negotiations. A formal announcement is expected in the coming weeks.

Just last week, Jay-Z confirmed his departure from longtime label home Def Jam. His split from the Universal Music Group-owned label reportedly came with a $5 million price tag, but left the rap artist and label executive in control of his future master recordings. Jay-Z's eleven solo records (including the live "Unplugged" album) and collaborations with Linkin Park and R. Kelly have sold more than 29 million units according to Nielsen SoundScan.

Last year, Jay-Z and Live Nation struck a wide-ranging deal that included touring, publishing and albums. The roughly $150 million pact includes a partnership in Roc Nation, as well as the rapper's own recordings and tours for the next 10 years.

"He definitely didn't want to release his album via Def Jam," said a UMG source. "And given his close relationship with [Columbia Records Co-Chairman] Rick Rubin, it comes as no surprise that he'd make the switch."

Speculation has intensified in the past week that a Sony deal is in the works. Sony CEO Howard Stringer and Jay-Z's Roc Nation partner Jay Brown have been spotted meeting in Los Angeles and New York; Epic Records president Amanda Ghost is managed by Roc Nation and Brown; and Jay-Z's wife, Beyonce, is a Sony artist on the Columbia Records label.

But despite Jay-Z's close ties to Columbia, sources insist he and his wife will not be labelmates. "It will be a distribution deal, sort of like Star Trak is distributed by Interscope, and it will be on the Epic side, not Columbia," a Billboard's source said. Lawyers for both sides are currently hashing out the details.

If the deal goes through, Jay-Z highly-anticipated eleventh studio album, "The Blueprint 3," will most likely be the first release on Roc Nation to be distributed by Epic.

[link to external website removed]


prettyboygene

@ CHERYLINMIAMI, thank you.


bigkidnig

yeah right

STOP IT MTO!!!

stop hanging on this camel nuts...

its canabolism


britva

dammmm hope its true... camel looking muthafucka


ForbiddenFruit

NOW THAT'S THE JAY I LIKE, CLEAN CUT AND WITHOUT THOSE FUNNY LOOKING SPECKS ON!



frenchgirl

I smell a divorce soming soon.


janlion

he does not need it


frenchgirl

If its true.


coco526

Jigga will be ok


mayahotblaze

WOW!!! SMH


Desafinado

Where's Dash at?


GuessJeans

GOod! I'm sick of this egomaniac running around here calling himself hova?! Good. Let him come back to reality.


flyy_gurl

so he has enough money to cover it...


pashanda

IF THAT IS TRUE HE STILL GOT MONEY.....


sofakinwat

HE GOT 99 PROBLEMS BUT THAT AINT ONE BUT THESE ARE.

1.GUESS JEANS HATING AZZ 2.HE NEEDS A SHAPE UP 3.CHRIS BROWN 4.BLUEPRINT 3 5.MTO

JUST PLAYING I UFCKS WITH HOV


customcalendars4u2

Don't really want to know this man's every business, personal and financial move unless he writes a book on HOW TO STRATEGIES!!!!! Looking for a unique gift? visit 4u2.com


good_downsouth

A few "whiffs" huh, Fred? lol

Yeah, Jay-Z is a pretty smart and savy businessman. I'm thinking he will be counting that money by the time I type my opinion. lmbao


OKC_405_GIRLJK

@CHERYLINMIAMI-GOOD LOOKING OUT WE CAN'T ALWAYS RELY ON MTO GIVING US THE REAL STORY!!!

@[SPAM]4u2-I agree!!!

@TOPIC-LMAO OF PIC COMMENT!!!


2366

dayum Jay!...can't win em all it's ok killa u'll land the next one...NOT that it's over yet HOV



LuckyS

MTO according to AP, JayZ is close to signing a $150mil deal with Sony sources told Billboard.


LuckyS

MTO not all your reader go by what you say. Some of us do research and read from reliable sources. Case in point CHERYLINMIAMI. Get it together MTO.


MochaDLight

Wow, damn, that's why you don't make paks with the devil. OPS did I say that! My bad!


trixie

Will he be Beyonces boss or is evens for all the money the Knowles owe Sony in lost revenue


Baxby

Jay-Z will be just fine. That Live Nation deal may be small potatoes compared to what he can do at WMG.


Myna

@CHERYLINMIAMI

I hope you at least get free tickets from this couple for the PR you do for them.

It doesn't really matter if this thread is true or not, what I do know is once you put youself on GOD's level (That's what HOVA means), there is no where for you to go but DOWN.


caramelphatty

I don't think so MTO!!!

I doubt that Jay will leave Def Jam without being sure his other business ventures are not solid...


caramelphatty

I like that picture of him...


tideev83

How old is that pic of him because his age really shows now. But I still love Jay and even if the deal falls through he still has money


tempertease

dont he got ENOUGH money anyway?


fakefake

May 27, 2009. here is what jayz's boy had to say about BEYONCE:

Yo check this shut, I know you peons iz going to think this is made up and shyt but it aint. Im tired of watching the comment section and yall assumptions of this dysfunctional relationship, Jay aint returning my phone calls about a beat that he owes me so im bout to put his shyt on blast!

Jay alawys talking wreckless about Beyonce when he gets drunk or had a few drinks. he talk about how lazy she is, saying she annoys the hell out of him because there aint a tidy bone in her body but yall seen that already all over the internet but you havent got Jays perspective on it, he hates the shyt. Anybody who know jay know hes a clean dude, feel me. he talks about how ignorant she is and how he wants to talk about current events but she cant hang in that department so he get on the horn with his sister for that type of talk. oh and they bytch is disrespectful son.

She called my crib one time around 3 in the morning yelling about where he put the key to her apartment since hes not home shes didnt want to stay at home alone, childish and shyt..he sent the key by his driver and stayed and chilled. He says how she put on a sweet attitude for the cameras but shes actually a bitch and very bitter. he say how she constantly talking down on less fortunate people and not remembering her roots and makes jokes about Kelly and Michelle all the time saying they deserve what they got in regards to their carrers…thats bad. Yo when they on the phone together shes like a damn high schooler who wont let him hang up and accuse him of being with a chic.

Yo, one time he put the bitch on speaker phone and she was going on and on about him being with some shorty but he was just in my basement chillin and playin pool and shyt. Beyonce got a lot of growing up to do, shes not a pleasure to be around, she puts bad vibes in a room and tension whenever she comes over. She pops up like she gonna find something. Yo, when I moved, she harassed us to get the address.

They dont go hardly nowhere together and when they do, Jay ask her not to call the press but she does it anyway, thats why you see him walking ahead cause he pissed off, she always calls the press. She wants a public relationship and he dont. That shyt going to come between them on some real shyt. she dont respect the marriage. Yo at the wedding the ceremony didnt start for about6 hours late because she was bytching about this and that, getting cold feet, calling him to say its on, then its off and then its on.

U wonder why there aint no wedding pics, well they sent the photographer home because it was called off at one point and then called back on. You wonder why the wedding was at night? Come on, who gets married at night, yall seen the pics of her fam out in the rain that night and the wedding was supposed to take place during the day. Beyonce is a bitter depressed broad yo. At one time she gained a lot of weight and was such a baby about it, crying and shyt… but yo, i said too much.

I know ** gonna chop my head off for this but yo, i want my beat Jay! Holla!


The_Lady

better treat Bey right, honey!.....cause when all else is gone, at least she'll be there for u....and your're lucky as HELL cause she's a WINNER....


mkef9779

control, last name = reputation


MYMINDISNAAASTY

hmmmmmm.JAY'S nose and lips turn me on big tyme


MYMINDISNAAASTY

beyonce dont deserve jay's lips and nose i want to know how them juicy cotton ball lips feel on my ass cheeks:)

HE.HE.HE



KiTT3N

I DONT BELIEVE YALL NI99AZ,CAUSE YALL BE STARTIN THESE WEAK @SS RUMORS ALL THE DAYUM TIME


DQC

that's messed up that yall would celebrate another person's supposed/rumored financial distress. sick!!!


TastylikePastry

This man is a mogul! I'm pretty sure he's not worried!

Go Nuggets!


imsickoftvnradio

I’m not a Beyonce fan, but I can assure you he has gain a little more respect being with her, not some HOOKER he got out the dumpster, lol, lol. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> So she just acts like a hooker lol.


BigDickMike

Damn" n!ggas just can't be rich a happy"


imsickoftvnradio

fakefake...

bout time somebody tellin it like it t-i-is. That ish was good read. Every human that had any contact with Bey had nothing nice to say about her. I knew she was happy Michelle, Kelly etc did not succed. This is just wrong but trust Bee will reap what she sow.

So why did Jay marry her? I think business deal. What about U?

Type til the cows come home, I luv it when someone speaks truth, I will read it all. :-)


biz_chic_

well, it's not a deal until the funds are received...

www.hipandluxurious.com


imsickoftvnradio

Jay know business he will be fine. I wonder what happen with Dash. He connected to everyone but him.


Wild100sRunDis

Tough break [EXPLETIVE]...there's always FUBU!! lol (gotta love Dave Chappelle)

@fakefake Was that real?? If so whats the link so I can see it


Wild100sRunDis

@imsickoftvnradio

I kno right!! That was the BEST thing Ive EVER read on MTO...and Ive been on here since 06!! lol I knew she was a bytch!! I KNEW IT!!! SOOO glad someone set her shyt out!! Trying at all prissy and humble..bytch bye!!

Come on fakefake...we are wanting MORE!!! Yo shyt juicier than a grapefruit!! lol


ifekat

Wild100sRunDis Flag post Tough break [EXPLETIVE]...there's always FUBU!! lol (gotta love Dave Chappelle) --- You a plain fool!!!..Lmao...

You know what.. first biggie then beyonce then rockafella then defjam now..supposedly live nation

the chickens coming home to roost...no wonder why he lookin so grimey...just start over Jay...just start over


soreal

@ fakefake

You took that from B*0*s*$*1*P. It was posted yestarday.


soreal

@ CHERYLINMIAMI

The Roc Nation/Warner/Atlantic rumor is indeed true (if rumors can be true). It was in the NY Post and is now being posted on X*x*L mag dot com.

Makes you wonder if the Live Nation deal was even real. Why would you be shopping an already done deal to another company/label. Something in the milk ain't clean.


BlackBeast

im sure his wife will make up for it



hustla

BEYONCE HOLLA AT YA BOI. FROM HAITI TO BAGHDAD - STILL BUSTING. ZOES ON DECK - HAITI 4 LIFE.


imsickoftvnradio

Wild100sRunDis Flag post @imsickoftvnradio

I kno right!! That was the BEST thing Ive EVER read on MTO...and Ive been on here since 06!! lol I knew she was a bytch!! I KNEW IT!!! SOOO glad someone set her shyt out!! Trying at all prissy and humble..bytch bye!!

Come on fakefake...we are wanting MORE!!! Yo shyt juicier than a grapefruit!! lol >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> I never co-signed with anyone as much as you right now. lol. I use to take up for Bee all the time until I heard everyone say stuff about her in person. fakefake spoke truth.


MrsIDontGiveAFuc

THIS BITC*H WILL LOOK RIGHT AT HOME ON THE BACK OF A GARBAGE TRUCK.

HE WON'T EVEN HAVE TO GET OFF TO PICK UP THE TRASH

JUST ROLL HIS BIG AZZ LIPS OUT THERE, AND TOSS IT IN!!


imsickoftvnradio

soreal...fakefake

You took that from B*0*s*$*1*P. It was posted yestarday. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> He might have posted it lol. I am going to check out the site right now. :-)


fakefake

This is the source

it sounds real because It IS-

[link to external website removed]


notheruser

Jay was never worth a $150 million contract and finally Live Nation realized it. Should've pushed them to sign right when it was announced. Too late now.


NutznBolt

CHERYLINMIAMI Flag post LIES LIES AND MORE LIES MTO. HOW OFTEN DO YOU HAVE A STORY FULL OF FACTS?

Jay-Z Close To Epic Records Deal

Thanks for posting the other side - I read this same story on line. I just do not understand why MTO stoops to this level and is always claiming " a well placed source".

I guess because these stories are swallowed up by those who dwell on negativity.


OrdellRobbie

who cares it aint mine


lanibreezy2k7

WILL YAL LEAVE HIM ALONE DAMN MTO


NoMAAM

this just in.....

Beyonce and her father are pissed off about the money, Beyonce say she kiss his big lips until he gets that loot right. just playin


Beans206

Dang that's too bad.


apollo_creed

JAY AINT NEVER GONNA BE BROKE. HE KNOW WHAT TO DO WITH HIS MONEY..

HE AINT RODNEY KING


sexycanI22

MTO U R SO RIGHT BEY GOT HER MAN SO HE CAN LOOSE 150MILLION LIKE NUFFIN....NEXT


CHERYLINMIAMI

NutznBolt CHERYLINMIAMI Flag post LIES LIES AND MORE LIES MTO. HOW OFTEN DO YOU HAVE A STORY FULL OF FACTS? Jay-Z Close To Epic Records Deal Thanks for posting the other side - I read this same story on line. I just do not understand why MTO stoops to this level and is always claiming " a well placed source". I guess because these stories are swallowed up by those who dwell on negativity.

I NEVER UNDERSTOOD HOW SOME PEOPLE JUST BELIEVE EVERYTHING MTO POSTS. I AM A JAY FAN SO I KNEW THIS WAS A LIE, I JUST WANTED TO PROVIDE DOCUMENTATION FROM A RELIABLE SOURCE.


sojo

I think that he should take his free time and enroll in a few business courses before he ends up begging bread.



GugiFashionCakez

HE AINT WORRIED BOUT IT.... JAY'S DAT NICCA...


choclatdrop

LMAO at the caption...

He'll work something out. They better recognize who he is. He is still one of the hardest rappers out there.

Living legend with the rapping.


TruthHurtz1

Messing around with, jigga, he'll end up owning another or starting a new NBA, team or something, suprising? Wake up, people...Go get it-by all means@!!!


flench

U2 AND ALL THEM OTHER FOLKS GOT THEY CHIPS.... Live Nation has been quiet for a minute. Trying to buy the world, lol....

My Identity Is Top Secret Folks !


GirlsLuvGemsIsAHo3

These haters get excited when they think somebody down bad..sad.


MiSs-LEa

Haa I hate jay-z... Him, kanye, n lil fag Wayne are the true definitions of fake asz dudes.. My moto is, a fake dude can easily pretend to b real, but a real dude can't pretend to b fake or phoney.. Point being that jay-z is a poser. Grow the fukc up n out of your SECOND CHILDHOOD!!!


FamHigh_26

@ CONVERSEnORGASM is that beyonce holdin a vibrator WTF!


miszkendra

Don't jay look like a black vin diesel here? :/