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Meek Mill has never been one to hold his tongue when it comes to the treatment of artists within the music industry, and this time isn’t any different. As the Philadelphia rapper celebrated the one-year anniversary of his fifth and final album for Atlantic Records, Meek got candid about how he aimed to use the release as a lesson on what not to do in business in the future.
Megan Thee Stallion continues to show the world the importance of authentic relationships. The Houston native broke down how her love for one snack led to the deal she inked with Jay-Z’s Roc Nation management services. During her appearance at the annual Cannes Lions Festival on Thursday (June 23), the “Hot Girl Summer” emcee shared how her love for Flamin’ Hot Cheetos was the connecting link to the Hip-Hop billionaire. Complex reports that Megan was originally scheduled to meet with imprint executives but was totally shocked when Jay-Z and her favorite snack joined the meeting.
Jay-Z’s Roc Nation is all about the business, man. According to HipHopDX, the company just appointed Brett Yormark as Chief Operating Officer. Previously, he worked as co-CEO of Roc Nation Unified and as President of Business Operations & Strategy. News from the agency world: Brett Yormark was promoted to COO of Roc Nation, CEO Desiree Perez (no relation) announced today. Yormark, who joined the firm in 2019, was co-CEO of Roc Nation Unified and President of Business Operations & Strategy. He will still lead that division. pic.twitter.com/2U0zlQc39Q — A.J. Perez (@byajperez) January 19, 2022 “Roc Nation is one of today’s most culturally rich, diverse and innovative companies,” said Yormark, according to HipHopDX. “After the past two years working at Roc Nation, I have seen first hand that with determination and an entrepreneurial spirit, anything is possible.”
The conversation around who could possibly battle Jay-Z on Triller’s Verzuz — an online series created by producers Timbaland and Swizz Beatz — has been circulating around since the platform first began. Kodak Black has recently announced that he believes he’s the promising contender for the heavyweight Hip-Hop mogul.
Twitter co-founder and Block CEO Jack Dorsey just announced the official board members of his bitcoin development endowment in collaboration with Hip-Hop royalty Jay-Z. As previously reported by AfroTech, Dorsey has expressed interest in the power of bitcoin and other forms of cryptocurrency. He will now put some action behind the talk of using the digital form of currency to leverage his business. Jack Dorsey is following through on his commitment with Jay-Z to pledge 500 BTC to set up ₿trust, an endowment to fund bitcoin development focusing on teams based in Africa and India. When AfroTech first told you the news in February 2021, Dorsey mentioned needing three board members, but he’s now announced four. The team will take zero direction from Dorsey and Jay-Z when getting started.
With the holidays right around the corner, Meek Mill is in the season of giving for his city. On Dec. 14, the rapper announced that he will be donating $500,000 worth of Christmas gifts to Philadelphia families in need. Joining him in supporting the free event, taking place on Dec. 19, are Philadelphia 76ers partner Michael Rubin, New England Patriots owner Robert Kraft, and Roc Nation, according to TMZ. According to Meek Mill, he and the DreamChasers are going bigger than ever for Philly — four times that is. “We stepping BIGGER than ever this year for the youth of the city!” he wrote via Instagram prior to the official announcement. https://www.instagram.com/tv/CXKMLmTjN8w/?utm_source=ig_web_copy_link
Jay-Z’s Roc Nation has finally reached a settlement with its gaming subsidiary, Unanimous Games. On Saturday, Dec. 4, at the same time that the Hip-Hop mogul entered a new chapter of life, Roc Nation settled a lawsuit related to his cousin Briant Biggs and an alleged scam involving investor Blueprint Capital Holdings, according to reports from Thirsty For News. As previously reported by AfroTech, Biggs was accused of working with a group to raise $1.5 million for a new division of Roc Nation by the name of Unanimous Games. The games were to be focused on eSports and the video game industry. As you can already gather, that didn’t really play out so well.
Jay-Z’s Roc Nation and REFORM Alliance have partnered to bring thousands of job opportunities to Madison Square Garden on Nov. 18. The news comes in light of a needed revitalization of New York’s economy following the alarming impact of COVID-19, which according to reports, may take years to recover from. The “Team Roc New York Job Fair” hopes to provide New Yorkers with relief by providing opportunities of all levels. “The Team Roc New York Job Fair is a real opportunity for socio-economic mobility for New Yorkers – those who want to work, yet have not had the exposure or connections to the right-fit jobs, or to the support services that can strengthen their prospects for employment,” Dania Diaz, Team Roc managing director, said in a press release. “It is also a chance for us to work together – public, private, nonprofit sectors – to address the state’s labor shortages in a meaningful way.” The Team Roc New York Job Fair will be held from 9 a.m. to 5 p.m. ET and open to the general...
Jay-Z’s Roc Nation has a hand in nearly every industry these days, and now it’s casting its net even wider with the future of esports. Roc Nation Sports has partnered up with the Gaming Community Network (GCN) — which is also part of GameSquare Esports Inc. — to create global gaming solutions for star-studded athletes and expand their presence in esports, a press release reports. The multi-year partnership intends to build on a collaboration that will develop “authentic bespoke athlete-centric strategies” for athletes — including esports tournaments, gaming content production, live streaming events as well as offer content syndication across the GCN Network, which hosts 85-plus gaming and esports-centric websites. “Partnering with Roc Nation Sports continues our growth of building GameSquare into an esports powerhouse,” said GameSquare CEO Justin Kenna in a statement. “With our recent acquisitions of Complexity and Cut+Sew/Zoned and adding Paradigm Sports to our advisory board, we...
When it comes to his latest investment, Jay-Z is betting it all and getting in on the sports gambling action. Page six reports that the billionaire business mogul is making a move to open a New York sportsbook in partnership with sports e-retailer Fanatics and has already made a bid with the New York State Gaming Commission. Documents show that both Jay-Z and the Fanatics group are bidding against some stiff competition that includes companies like FanDuel, DraftKings, Bally’s, BetMGM and Caesars Sportsbook. Additionally, the outlet reports that the new move will also reportedly have Jay-Z serve as vice chairman of Fanatics as well as on the board of directors of a new Fanatics Betting & Gaming entity. In association with the current bids, the rapper’s role as an executive was revealed in redacted documents released by the New York State Gaming Commission last week, but his name as a potential license holder was reportedly blocked out. Those same documents are also said to have...
The Daily News reports that Jay-Z’s Roc Nation is facing legal action. Briant Biggs, the “Big Pimpin'” emcee’s cousin, allegedly played a role in the team responsible for raising $1.5 million for Roc Nation’s video game subsidiary Unanimous Games, court documents state. According to Blueprint Capital Holdings, an alleged investor in Unanimous Games, Biggs presented a business plan that was said to connect eSports and the entertainment industry with live events and mobile games. Ryan Collision, the president of Blueprint, revealed that he was under the impression that rappers signed to Jay-Z’s Roc Nation would participate in the partnerships. Some of these artists include Meek Mill, Jay Park, and Yo Gotti. After Collision claims he invested $250,000 in March 2018, the plan was allegedly for Unanimous Games to pay the minimum repayment amount plus interest by March 2021, but a Manhattan Federal Court suit announces that when the date came, they never received any payment. Not only...
Global online sports retailer Fanatics has reached a whopping valuation of $18 billion thanks to some big time investors. CNBC reports that the sports e-commerce merchandise company has secured an additional $325 million in its latest round of funding to help expand its online offerings. Some of its many investors include Jay-Z and the rapper’s entertainment company, Roc Nation. Other major investments in the platform come from companies like MLB, SoftBank, Silver Lake, Eldridge, TWG Sports Media & Entertainment, and Insight Partners. According to The Wall Street Journal, Fanatics says that it expects to rake in $3.4 billion in revenue this year — a major increase from $2.6 billion in 2020 — and with its new valuation it may just reach that goal. For everyone involved, including Jay-Z, an investment in Michael Rubin’s Fanatics could mean supporting the future of sports merch as we know it beyond apparel and memorabilia. The company’s next move is to transform itself into a digital...
Roc Nation is launching yet another culture-shifting platform for the world of luxury. Today, the Jay-Z founded company announced a partnership with Modern Luxury Media — America’s largest luxury media company — to launch a new disruptive brand and multimedia platform called “EDITION by Modern Luxury,” a press release reports. The new outlet aims to both “amplify and elevate voices that are shaping popular culture.” “The importance of elevating the voices of such a powerful community has never been greater,” Brett Yormark — president of business operations & strategy for Roc Nation — said in a statement. “We are excited to devote our efforts in creating a platform that is not only exciting but necessary in order to push the luxury media industry forward.” Roc Nation co-founder and CEO Desiree Perez echoed his statement noting Modern Luxury Media’s history of building brands in luxury that drive impactful content. “We couldn’t think of a better partner to launch EDITION,” she said,...
Jay-Z’s Roc Nation is making more money moves and this time it’s in the virtual reality space. According to a press release, the entertainment company recently purchased tokens from Sensorium Corporation’s in-platform currency SENSO of Sensorium Galaxy — described as a digital metaverse that’s fusing together blockchain cryptocurrency tech with virtual reality (VR). Roc Nation’s purchase announcement suggests that the company is making active decisions to move it toward the digital future. Company CEO Desiree Perez confirmed this claim with a statement that reads, “Sensorium Galaxy is well-positioned to take the entertainment industry to the next level. Their digital metaverse has a strong focus on quality, which is exactly what we want for our extensive artist base.” Sensorium Galaxy was developed in partnership with several chart-topping artists and globally-recognized nightlife mogul Yann Pissenem in an effort to help music artists benefit more from global content distribution, a...
Jay-Z might be the new go-to source for all things authenticated in the collectibles space. According to Business Insider, the music and business mogul’s Roc Nation company has just invested in the transaction of Blackstone’s acquisition of the Certified Collectibles Group (CCG) — a company that authenticates collectible items such as comic books, magazines, trading cards and other items — which now values the company at more than $500 million. The outlet reports that CCG estimates it has certified over 62 million of its collectibles, with a combined fair market value reaching roughly $50 billion. Blackstone — which Bloomberg describes as the world’s largest alternative investment firm — also reports that its shares were up 0.3 percent last Friday (July 2) and now hopes to “develop CCG’s digital presence, add employees, and branch CCG’s geographic reach.” In addition to Roc Nation, other investors in the acquisition include but are not limited to Fanatics founder and executive...