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Business News Deals Management & Funding
Tinchy Stryder goes into business with Jay-Z’s Roc Nation
By CMU Editorial | Published on Thursday 10 June 2010
That Tinchy Stryder fella has gone into business with Jay-Z’s Roc Nation to create Takeover Roc Nation, which is a rubbish name, but recognises the fact the deal is between Jay’s firm and Stryder’s management company Takeover Entertainment.
The deal seems to be principally designed to launch Stryder in the US market, but will have global reach and could see the UK rapper and his management signing new talent as part of their relationship with Mr Z. Although Stryder will continue to be signed to Universal’s Island Records in the UK, Takeover Roc Nation will have a distribution partnership with Sony Music for non-UK releases. Touring and merchandise, meanwhile, will be backed by Roc Nation’s parent company Live Nation.
Confirming the deal on his blog, Stryder wrote: “Jay-Z is my music and business inspiration and to go into business with him is a dream come true. It’s taken nearly a year to get the deal right so I’m excited to start signing artists to the label side of the joint venture deal”.
