Rapper Jay Z has signed an exclusive $200m ten year touring partnership with Live Nation, his second consecutive touring contract with the company after their landmark deal in 2008.

Live Nation will continue to produce and promote the 99 Problems hitmaker's gigs, and Jay Z commented 'Live Nation and I entered unchartered territory in 2008. Over nine years, we have travelled the world producing historic music experiences. Michael Rapino is an industry visionary, and this renewed partnership is a testament to our longstanding relationship and the talented individuals at Live Nation. For the next ten years, we will continue redefining the live event landscape'.