JAY-Z SIGNS $150 MILLION DEAL WITH LIVENATION

This video is from Reuters and talks about Jay-Z's new record deal with LiveNation that is reported to be $150 million. Jay-Z definitely won on this deal because no other label could offer this much. However, it's a risk and a big one for LiveNation, who along with Jay, is experimenting with a new model to earn money through music. Seeing that record sales are doing bad and iTunes is the biggest seller of music, people question whether LiveNation's approach with Jay-Z is the right way to do it. They say maybe things should go digital, while LiveNation does more with live shows and merchandise.