Jay-Z's D'Ussé Cognac Deal: A Business Masterstroke
Hip-Hop News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Jay-Z secures a massive payout in D’Ussé cognac deal, selling 25% for $750M, valuing his 50% stake at $1.5B and the company at $3B. After a decade-long partnership with Bacardi, Jay-Z pushes for buyout due to mishandling, initially offered $500M for his half, which he rejects. A heated legal battle ensues, leading to a negotiated deal showcasing his sharp business acumen and refusal to settle for undervalued offers.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/a810d896b7f4b05b