Jay-Z Roc Nation- Furloughs

Malcolmxxx_23

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I guess cause I'm 37 and I remember sitting down listening to cassettes and cds..and being a child watching my pops getting drunk listening to James Brown.. I still do the same these days when I have time to kill. Younger people just don't do that. I haven't looked at any streaming data, but I'm sure it's down a bit.
Streaming is down 20 percent

Microwave generation too busy on tiktok and staying on IG live
 

RennisDeynolds

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Live Nation Just Had Most Profitable Quarter Ever (Again) ... With more than 92 million concert tickets sold for 2019, Live Nation brought its year-to-date operating income to $408 million and AOI to $862 million for double digit growth in both areas.


- Billboard

I get what our saying ..but they should be able to float their employees for awhile.

But then again who knows what the future will look like for all entertainment ..

You didnt hear? Trump sent out 1200 to save everybody, crisis averted :whew:



:mjlol:



I can't feel sorry for entertainers :yeshrug:, not when real people are struggling rn. "Essential" workers are dying just so they can let me people have a semblance of normalcy
 

TLR Is Mental Poison

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The Opposite Of Elliott Wilson's Mohawk
I'm not gonna lie...

Alot of these rappers ain't shyt and this gonna be a wake up call.

Go get real jobs all y'all ain't gonna make it.

Get a damn education go learn some shyt.

Don't nobody wanna hear y'all garbage.

This mostly goes for them retarded looking new rappers.
Celebrate the downfalls of others because you are jealous of their success, brehs.

Shameful :hhh:
 

Methodical

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I'm not gonna lie...

Alot of these rappers ain't shyt and this gonna be a wake up call.

Go get real jobs all y'all ain't gonna make it.

Get a damn education go learn some shyt.

Don't nobody wanna hear y'all garbage.

This mostly goes for them retarded looking new rappers.

How them gonna get a job with these tattos on their face?
 

Squirrel from Meteor Man

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He doesn't? :ohhh:
Clearly a Jay-Z stan or employee got a hold of this article :mjlol: they took this part out:

Roc is a partnership with Live Nation, which owns more than 50% of the company, although sources say Live Nation chairman/CEO Michael Rapino largely leaves the management of the company to Jay, who Forbes named “hip-hop’s first billionaire” last year, and its top officers Jay Brown and Desiree Perez (who were promoted to vice chairman and CEO, respectively, in December).
 
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Roc Nation is a sports management and concert/live media company.

Corona stopped all sports and live events/mass gatherings, so what exactly should they do?

Jay has money but not enough to support the full salaries/benefits of all employees plus overhead


Anyone with a brain should know this.
 

Piff Perkins

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Companies like Roc Nation are fukked right now. Entirely focused on sports and entertainment during a time when neither are operating. Even the NFL draft isn't running like normal which hurts them too. Gonna be a tough year for companies like that...

Lot of these promoters, bottle girls, hosts, etc etc are really hurting right now. People are going to really have to rethink careers and financial positions after this. We're gonna get hit with a second wave, likely in the fall, at which point places will close again. I think spending in general is gonna be down, and while plenty of people will rush to the clubs/bars once quarantines are lifted...a lot of people are gonna stay away too. Which means businesses won't be raking in the money they hope to.
 

Brian O'Conner

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4a5hnwp3n7831.jpg

omfg:laff:
 

DJ Paul's Arm

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Roc Nation is a sports management and concert/live media company.

Corona stopped all sports and live events/mass gatherings, so what exactly should they do?

Jay has money but not enough to support the full salaries/benefits of all employees plus overhead

Yes he can. He could ask Beyonce to spot him until this blows over.

:mjgrin:
 
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