The deal that Jay Z has with Live Nation is coming to an end. Live Nation wants to maintain a business relationship with Jay Z, but they are not interested in the record music part of it. Live Nation would like to continue to be involved in Jay Z’s tours because it is very profitable. Jay Z’s top executive, Desiree Perez, had a meeting with the chairman and CEO Of Universal Music Group, Sir Lucian Grainge. Rumors spread that UMG may buy a piece of Roc Nation. This may enable Jay Z to promote and develop new artists. Currently, there are no updates on any discussions taking place concerning the deal that is about to expire between Roc Nation and Live Nation.
Desiree Perez is from New York and both her parents always had her back. Desiree is the Chief Operating Officer of Roc Nation. Desiree or Des, as she is known, plays many important parts in Roc Nation. She is involved in the labeling operations, management, and publishing of the company. Des is a more behind the scenes type of person and this has worked very well in her favor. She had a big hand in the deal with Rihanna and Samsung. Many deals would not have gone through if it were not for the role Des played in it.
Des has been an associate of Jay Z’s four about twenty years. She knows the music industry ropes very well. Des Perez has proven to the music industry that she is more than qualified for the position. She is great at crunching numbers and is an incredible negotiator. Desiree Perez has an extraordinary talent for helping business flourish and grow. She is a fierce woman that never gives up.