JAY-Z has announced a shake-up at Roc Nation as the record label has merged with Equity Distribution.
Equity was previously the distribution arm of the company, but they are now merging to form one single entity called Roc Nation Distribution, according to Billboard.
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Despite the apparent change in focus, with Equity working with independent artists who wished to maintain ownership of their masters, Roc Nation will continue to sign new talent and strengthen its roster.
The merger will see one notable departure from Roc Nation, with co-president Shari Bryant stepping down from her role after five years with the company.
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The company operates as a record label and management company, as well as a partner of the NFL overseeing the Super Bowl halftime show and the league’s social justice initiatives.
The label portion of Roc Nation boasts artists such as J. Cole, Rihanna, Jay Electronica and Vic Mensa as well as JAY-Z himself.
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Roc Nation also manages the likes of A$AP Rocky, Megan Thee Stallion, DJ Khaled, Jadakiss and Alicia Keys.
Additionally, Roc Nation includes its own sports agency that advises athletes.
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NBA players such as Kyrie Irving, Markelle Fultz and LaMelo Ball are represented by the agency, as are NFL stars Saquon Barkley, Jaire Alexander and C.J. Henderson.
Meek Mill recently left the label after a 10-year stint, with JAY-Z addressing his departure on DJ Khaled’s “God Did.”
“Me and Meek could never beef, I freed that n-gga from a whole bid, Hov did,” he rapped on the song. “Next time we have a discussion who the G.O.A.T., you donkeys know this.”
When news first broke about him leaving Roc Nation, Meek assured fans that there were no issues and that he still had other business dealings with Hov.
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“All I seen today was meek and roc part ways,” he wrote on X (formerly Twitter). “I’m personally handling my own business so I can take risk and grow ..we came to that agreement together..I have a label deal with roc for my artist and I got reform super tied with them and many other investments wit jigga.”