Jay-Z is back in the UMG building. An announcement was made this morning confirming that Roc Nation has partnered with Universal Music Group in a multi-year deal. The agreement reportedly states that upcoming albums from Jay-Z and Rihanna will be released through the UMG/Roc Nation partnership. Through Def Jam, both artists have long maintained ties to UMG, however Jay-Z had inked a deal with Sony/Columbia Records, where Roc Nation released albums from J. Cole and Rita Ora.
The global deal allows Roc Nation to be a standalone label with UMG Worldwide.
Jay-Z said in a statement, “We are looking forward to working with Lucian 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.”
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The Brooklyn, New York mogul has recently been photographed in the studio with Timbaland, Rick Ross, DJ Khaled and others. The announcement comes less than a week after Roc Nation acquired the sports representation rights to New York Yankees Second Baseman Robinson Cano.
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