Jay-Z Confirms Deals With Sony & Atlantic

15 years ago view-show 703,197

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So Billboard caught up with Jay.  He said the following:

  • Sony is Roc Nation. That’s where Roc Nation’s going through,Jay-Z told Billboard.com on Friday (June 29).

    As for the deal he recently signed with Atlantic, he clarifies that it is a one-off situation for his upcoming album, “Blueprint 3,” slated for a September 11th release.

    That’s pretty much just for this specific album. Roc Nation — we’re experts in marketing and making records. But we do distribution deals,” he says. “On this one, we’re working directly with the Atlantic staff, which is Julie [Greenwald], Lyor [Cohen], Kevin [Liles] and Kyse [Mike Kyser]. For the rest of the Roc Nation artists, we did a distribution deal with Sony.

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Ok, so the one off with Atlantic makes sense, but a year and a half from now where there are no stores to send cd’s to, what is a distribution deal with Sony really worth?  Hopefully Jay got the money up front.  Being a baller is expensive.