Jay Z has struck a 10-year touring partnership deal with Live Nation worth $200 million.
The deal includes worldwide touring and will see Live Nation producing and promoting Jay Z concert events until he is 57.
Jay, now 47, is expected to announce another big tour later this year.
The deal is an extension of Jay’s deal with the entertainment giant. “Live Nation and I entered unchartered territory in 2008,” Jay said in a statement, “Over nine years, we have traveled the world producing historic music experiences.”
Live Nation entered into a “360 deal” with his Roc Nation in 2008, which comes to an end in October, triggering a buy-sell event.
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