Wednesday, February 20, 2013

Mogul Moves: Jay-Z Makes Major Publishing Move...

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We all know the real money in music comes from publishing.  The more of your publishing share you control, the more of your own money you control.  So it comes as no surprise, that Mr. Carter made another big publishing move, today.  The New York Times reports that Jay has followed "top publishing" executive Jon Platt or Big Jon as he's known in hip-hop & r & b cicrcles to Warner Music Group--where he (Jay) has created a new publishing partnership for himself and his Roc Nation artist.

Jay's own deal, will include all of his future publishing and publishing dating back to 2008.  He acquired the ownership of his full catolog from Def Jam back in 2006, when he took over as part of the deal that made him President/CEO.  No word on who'll publish his catalog prior to 2006, which he gains 100% ownership of in 2016.

Here's what the Times says about the Roc Nation deal:
Through a separate deal, Warner/Chappell will also represent the songwriters at Jay-Z’s entertainment and management company, Roc Nation.
Among those writers are Philip Lawrence, a part of the Smeezingtons songwriting and production team that also includes Bruno Mars; Symbolyc One, or S1; and Rita Ora, a rising young British singer and songwriter.
Jay said the following of the deal:
“The real meaning of success is being in the position to work with an individual you consider a friend. Jon Platt is such a person. He’s a man of extraordinary character as well as a remarkably talented executive with an ear for music and an eye for talent. It’s great to watch him grow to be one the best in the business.”
 Next up is B.  The Times reports she also is in talks for her own publishing deal with Mr. Platt.
Mr. Platt is also said to be in advanced negotiations with another top EMI Publishing artist who is very close to Jay-Z: Beyoncé, his wife. These people spoke on condition of anonymity because the talks were private.
The Carters...are always making power moves.  Mr. & Mrs. Mogul.  Luv them to death!!!

--Princess Carter

Source: NYT

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