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A few months ago, a clip of Taraji P. Henson playing Cookie Lyon appeared all over the internet with her emotionally saying, “I gotta put me first, Luscious.” People used this clip to make countless memes about how they needed to prioritize themselves over anything else. Well, Meek Mill just acted out this scene in real life with an exit from his now-former label, Roc Nation.
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 actively champions education — and now, NBA’s own LaMelo Ball is joining forces with the entertainment mogul. For Long Island University’s (LIU’s) Roc Nation School of Music, Sports and Entertainment’s latest scholarship, the Charlotte Hornets star announced on Sept.29 that he’ll be providing a four-year scholarship for Fall 2022 to a student majoring in sports management or sports communication/marketing, according to TMZ Sports . “I want to encourage the next generation of sports executives and leaders to follow their dreams just like I did to make it to the NBA,” Ball told the outlet. “I’m fortunate to have the means and public platform to support others, so I want to do my part and create a lane for a student to get a strong education and be in a position to make a meaningful impact in the sports industry.” The LaMelo Ball Scholarship will provide a unique opportunity for those who wish to pursue their career in sports marketing. The Roc Nation program “will allow students...
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...
Like many things in this country that are created out of a sense of repression, Black-owned media companies are just one avenue that has allowed us to take up space and tell our own stories authentically. There’s media conglomerates like Umber Publishing who are giving birth to a new narrative for Black media and keeping the seemingly lost art of print alive and well. Umber Publishing — an independent publishing house based in Oakland, CA — was founded by visual artist and designer Mike Nicholls as a means to provide a platform for Black and people of color to share their worldly and creative perspectives about their own lived experiences. What was originally founded as a single publication back in 2017 has grown to become a full-blown publishing company that’s amplifying the stories of marginalized voices in a way that gives power back to Black media who wish to control their own narratives. “One thing that these white-owned outlets have, for lack of a better word, is legacy and...
True creativity never dies, it simply pivots in the face of adversity. When the pandemic first hit last year, creative companies like Bask were forced to get innovative with its services, but the payoff proved to be invaluable to its future. Back in 2016, the independent creative agency was focused on providing full-on experiences for its party promotion services in New York. But once quarantine shut things down for in-person events, Bask made a choice to expand its creative tools into the world of digital marketing. According to founder James “Doogz” McDonald, he originally launched the agency as a means to provide an inclusive place for Black and people of color to bask and thrive freely, hence what inspired the company name. McDonald — who attended The College at Brockport, State University of New York as a broadcast journalism and sports management major — created Bask with a goal to shift the event space and, most recently, offer a new approach to digital marketing. “I figured...
If you’re looking for the venture capital (VC) arm of Roc Nation to invest in your business, you’re going to need a lot more than brunch with Jay-Z. That’s according to Neil Sirni, the co-founder and president of Arrive — the formal name of the VC arm — who spoke extensively to TechCrunch about what his firm looks for before writing that check. “We gravitate toward companies that we can provide meaningful assistance to but that are outside of Roc Nation’s core industries of music and traditional sports,” he said to the outlet. “To date, we’ve made 29 investments under the Arrive umbrella in everything from fintech, insurtech, edtech, health & wellness, social, and gaming. Geographically, we’re investing roughly 80% in North America, primarily the U.S., and 20% across Southeast Asia, namely, Singapore, Indonesia, and Vietnam. As a strategic investor, we never lead deals and always co-invest.” This is the first interview that Sirni gave about the Roc Nation VC arm, and he said that he...
Today, Roc Lit 101 — the publishing division of Jay-Z’s Roc Nation and an imprint of Random House — announced it has acquired Klutch Sports Group Founder and CEO Rich Paul’s debut coming-of-age story, “Lucky Me.” In his first memoir, Paul — who’s known for representing NBA stars such as LeBron James, Anthony Davis, John Wall, Ben Simmons and Draymond Green — pens the story of him growing up and becoming a leading figure in the sports world. The upcoming book details his upbringing in Cleveland, Ohio, his relationships with his community and family, as well as life lessons he learned that helped shape him into who he is today. “Lucky Me is more than my story,” Paul shared in a statement. “‘Lucky Me’ is the story of every young Black man who grew up like me. I want to use my story to uplift and inspire those who lived this and educate those who didn’t. I cannot tell you what it means to partner with my friend and mentor Jay-Z on this project. Lucky Me was the name of the book before I...
Jay-Z’s entertainment umbrella Roc Nation is exploring the literary world by way of its latest book publishing partnership. Billboard reports that Roc Nation and Random House — a division of Penguin Random House — have both announced a joint venture to launch a new publishing imprint called “Roc Lit 101.” According to an announcement, the imprint will commit to publishing “books at the intersection of entertainment and genre-defying literature, including exhilarating, innovative work from some of the biggest artists and most imaginative and incisive writers of our time on a wide range of subjects such as music, sports, pop culture, activism, and art.” Billboard shares that the new imprint will be lead by Chris Jackson, publisher and editor-in-chief of Random House imprint One World Books, and Jana Fleishman, EVP of Roc Nation. “The goal of RocLit 101 is to provide a creative outlet for acclaimed wordsmiths and artists to share their visions with new audiences,” Fleishman shared in a...