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JAY-Z’s Roc Nation Partners with South Korea’s Musicow to Revolutionize Music Investments

todayJanuary 23, 2025 6

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JAY-Z’s Roc Nation is breaking new ground in the music industry by teaming up with South Korean fintech company Musicow to let fans invest in music royalties. This innovative partnership aims to give fans a chance to earn revenue from their favorite artists while creating new opportunities for creators and rights owners.

The Partnership

According to Billboard, this collaboration marks the first Music Equity Service Provider in the United States. Through the service, fans will be able to purchase fractional shares of music royalties, opening the door to financial participation in the music ecosystem. Rights owners can trade royalty shares, while artists and creators can sell portions of their track royalties.

Jay Brown, Roc Nation’s vice chairman, shared his vision for the project:

“The music industry is evolving into a shared ecosystem where fans and creators can earn together. Our mission is not only to support and empower artists by providing the tools and services they need to build a better music ecosystem but also to give everyone access to the financial opportunities the music industry offers.”

Musicow CEO Woo Rhee also highlighted the significance of this partnership:

“[This partnership is an] incredible opportunity to drive innovation and redefine the future of our industry. I’m confident that together, we have the vision, expertise, and enthusiasm to create transformative progress and unlock limitless potential.”

The service is expected to launch officially by March, marking a new chapter in the convergence of technology, finance, and music.

Roc Nation’s Impact

Roc Nation, which serves as both a record label and management firm, continues to shape the industry in innovative ways. The company has been instrumental in empowering artists and negotiating groundbreaking deals, as demonstrated by Fat Joe’s story.

During his appearance on Shannon Sharpe’s Club Shay Shay podcast, Fat Joe recounted how Desiree Perez, Roc Nation’s CEO, significantly increased a deal he was negotiating:

“The deal was for $1 million — I thought I negotiated a great deal… She said, ‘What if I told you I’d call that guy right now and they’ll give you $3.5 million for that same deal you negotiated for $1 million?’ She dialed the number, called the dude… That was it for me.”

For more about Roc Nation’s innovative projects, visit Billboard and stay updated with developments in music and entertainment.

Written by: Power Radio

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