10 Ways Jay-Z Influenced the World

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His Live Nation Deal Was a Music-Biz Game-Changer

In 2008, Jay-Z announced a 10-year, $150 million deal to release music through concert-promotion behemoth Live Nation. With one of the best-selling rappers of all time—and a former Def Jam label exec—leaving the major label system, the deal rocked the industry, signaling a new, artist-centric shift in power.

(Photo: Paras Griffin /Landov)