jayz

BLOG HIPHOP MUSIC

Jay-Z Sells Majority Of Tidal To Square for $297 Million

Tweet Pint it Share Jay Z sells majority of Tidal to Jack Dorsey’s tech company Square for $297 million. Jay Z bought the company in 2015 for $56 millionJay-Z tweets for the first time in over two years, sells majority of Tidal Square, the mobile payments company led by Jack Dorsey, has announced its plan […]

Read More
BLOG HIPHOP NEWS

LVMH & Jay-Z Announce A New 50% Partnership In Ace Of Spades Champagne

Tweet Pint it Share Jay-Z has sold 50% of his champagne brand Armand de Brignac (Ace of Spades) to LVMH. After buying the company in 2014 for ~$30M, Jay-Z increased annual sales from 60k to 500k bottles in 2019. Ace of Spades costs ~$13 to make but sells for $225 at wholesale — a 94% profit margin   […]

Read More
BLOG BUSINESS NEWS

Jay Z Named ‘Chief Visionary Officer’ Of New Marijuana Company

Tweet Pint it Share Jay Z  has a new business venture he has been named “chief visionary officer” of a major new weed company. He revealed he  was launching his own marijuana line, Monogram, with the brand Caliva. On Tuesday, Nov. 24, bosses at Subversive Capital Acquisition Corp. announced they had agreed to a deal […]

Read More
BLOG HIPHOP NEWS

JAY-Z Is Opening The Roc Nation School oOf Music, Sports & Entertainment

Tweet Pint it Share JAY-Z”s entertainment company, Roc Nation, is collaborating with Brooklyn’s Long Island University to launch the Roc Nation School of Music, Sports & Entertainment. They will offer degrees in music; music technology, entrepreneurship & production; and sports management. Applicants can begin enrolling for the fall 2021 semester this fall. Students will learn […]

Read More