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Jay-Z’s Roc Nation is all about the business, man. According to HipHopDX, the company just appointed Brett Yormark as Chief Operating Officer. Previously, he worked as co-CEO of Roc Nation Unified and as President of Business Operations & Strategy. News from the agency world: Brett Yormark was promoted to COO of Roc Nation, CEO Desiree Perez (no relation) announced today. Yormark, who joined the firm in 2019, was co-CEO of Roc Nation Unified and President of Business Operations & Strategy. He will still lead that division. pic.twitter.com/2U0zlQc39Q — A.J. Perez (@byajperez) January 19, 2022 “Roc Nation is one of today’s most culturally rich, diverse and innovative companies,” said Yormark, according to HipHopDX. “After the past two years working at Roc Nation, I have seen first hand that with determination and an entrepreneurial spirit, anything is possible.”
Beyoncé Giselle Knowles-Carter and Shawn “Jay-Z” Carter continue to serve as the blueprint for power couples. Paper magazine reports that in her latest cover story for Harper’s Bazaar, the icon revealed that she and her husband are the new faces of Tiffany & Co. Tiffany & Co. continues to remain a top dog in the jewelry industry as this news follows the announcement that the brand was acquired by Moët Hennessy Louis Vuitton (LVMH) earlier this year. It looks like the “Crazy In Love” singer has already embarked on her own journey with the legendary American jeweler. Alongside sporting her own label, IVY PARK, the Grammy-award-winning singer sported several jewelry pieces from Tiffany & Co. View this post on Instagram A post shared by Beyoncé (@beyonce) The company served as the main sponsor for the magazine’s “Icons” issue where all of the jewelry in the cover shoot came straight from Tiffany who, rumor has it, paid a huge sum to serve as the primary product placement. While the...
The Daily News reports that Jay-Z’s Roc Nation is facing legal action. Briant Biggs, the “Big Pimpin'” emcee’s cousin, allegedly played a role in the team responsible for raising $1.5 million for Roc Nation’s video game subsidiary Unanimous Games, court documents state. According to Blueprint Capital Holdings, an alleged investor in Unanimous Games, Biggs presented a business plan that was said to connect eSports and the entertainment industry with live events and mobile games. Ryan Collision, the president of Blueprint, revealed that he was under the impression that rappers signed to Jay-Z’s Roc Nation would participate in the partnerships. Some of these artists include Meek Mill, Jay Park, and Yo Gotti. After Collision claims he invested $250,000 in March 2018, the plan was allegedly for Unanimous Games to pay the minimum repayment amount plus interest by March 2021, but a Manhattan Federal Court suit announces that when the date came, they never received any payment. Not only...
Here’s to a more inclusive cannabis marketplace! According to information provided to AfroTech, The Parent Company, California’s leading vertically integrated cannabis company, has announced that it has chosen The Peakz Company (Peakz) as the Company’s second social equity corporate venture fund investment. In a move following their initial investment in Josephine & Billie’s, the new announcement solidifies their commitment to helping create a more equitable cannabis marketplace. Peakz, an Oakland-based cannabis brand created by Jessie Grundy, will now have the opportunity to leverage The Parent Company’s expansive DTC capabilities and retail locations which in turn will enhance its footprint in the California community. “The Parent Company’s partnership will provide us with the tools to grow Peakz as a business and reach its full potential as a brand, both of which are exciting prospects in achieving my vision for the company,” said Grundy in an official press release . “With their...