What Next for Roc Nation after the Expiration of their Deal with Live Nation?

In 2008, Desiree Perez was part of the Roc Nation’s team that spearheaded a $150 million deal between Rock Nation and Live Nation; the deal is on the verge of expiring. Credible sources indicate that Live Nation is willing to renew the deal but with a renegotiation. Live Nation is inclined to continue its touring deal with Roc Nation, but it is shying away from recorded music deal; perhaps the touring deal is more lucrative.Recently, Jay z—the founder of Roc Nation—was pictured with Desiree Perez, the Chief Operating Officer of Roc Nation. The two are said to have met with Sir Lucian Grainge, the chairman, and CEO of Universal Music Group.

The meeting which took place at Grainge’s offices located in Santa Monica, California, is thought to have been about Universal Music Group buying a stake in Roc Nation. However, reliable sources indicate that the meeting’s agenda was far from the imminent expiration of Live Nation’s deal with Roc Nation.Presently, Universal Music Group has a distribution deal with Live Nation. The deal is considered a small percentage of Roc Nation’s business. If Universal Music Group buys a bigger stake at Roc Nation, it will benefit from Roc Nation’s artists including Rihanna, Meek Mill, Fat Joe, and Shakira.

Also, Jay-Z would have more funds to develop new talents and promote his music streaming service, Tidal, which is under an immense competition from Apple Music and Spotify services. Desiree popularly known as Dez has been part of Roc Nation for over nine years. She has been on the forefront advancing the entertainment company’s agenda. Many of Roc Nation’s achievements can partly be credited to Dez. Some artists such as Rihanna have benefitted from Dez’s business acumen. For example, Rihanna’s Anti World Tour got $25 million from Samsung courtesy of Dez’s lobbying for the funds.

Glen Wakeman: The Entrepreneur

Glen Wakeman is a man of many educational talents. He is considered an entrepreneur, global business executive, a writer, and an investor (BusinessWire). Glen Wakeman is well traveled and experienced. As an undergraduate student, Glen Wakeman earned his bachelor’s degree in Economics and Finance from the University of Scranton in 1981. After he graduated from the University of Scranton, he applied and was accepted into the University of Chicago. While at the University of Chicago, he received his MBA in Finance. After he graduated from the University of Chicago he sparingly lived in six different countries. He later worked with GE Capital and ended up working for this corporation for 20 years. GE Capital is a financial service unit that provides commercial lending and leasing along with trading aviation, energy, and support for GE’s industrial businesses. During his time at GE Capital, he worked in 32 countries! Glen Wakeman also worked as a CEO of Doral Financial Corporation. The Doral Financial Corporation is a holding company, a company that owns other companies’ large valued stocks, of Doral Bank.

Today, Glen Wakeman is a successful entrepreneur and is now the CEO and Co-founder of Launchpad Holdings, LLC. He helped found this company in 2015. Launchpad Holdings, LLC’s goal is to help newer entrepreneurs become successful by allowing them to partake in online business planning services. Glen Wakeman takes his time to blog about the entrepreneur business. He discusses global affairs, financials, new markets, leaderships and much more.Glen also spends his time mentoring executives and advising start up corporations. Wakeman’s actions portray him as a selfless man. He wants to provide younger entrepreneurs with the resources they need for success rather than letting them walk into the profession blindly.

Wakeman writes these blogs to share his mindset on multiple economic issues and his experience as an investor. As it was stated before, he keeps young entrepreneurs or anyone interested updated on many economic and financial issues. Glen Wakeman is looked highly upon as a mentor. He is known to be excellent at what he does, and by the looks of his career history, he is nothing short of excellent.