Other Ventures
Stargate teamed-up with American hip hop mogul Jay-Z to launch the record label StarRoc. The label, which is based at Jay-Z's Roc The Mic studio in Manhattan, will be a 50/50 partnership with the team and Jay-Z's entertainment company Roc Nation. Eriksen and Hermansen's connection with Jay-Z, who was then the CEO of the record label Def Jam, began with the release of "So Sick". They met through Ty Ty Smith, A&R from record label Def Jam and a long-time friend of Jay-Z.
In addition to their new venture, Eriksen signed a global co-publishing deal with EMI Music Publishing. According to Music Week, his relationship with EMI will further the publishing company's involvement on Stargate's future projects. Prior to the deal, EMI has been involved with Hermansen's projects for nearly ten years since he signed a deal in 1999. Hermansen and Eriksen will also continue their joint-venture partnership, Stellar Songs, with EMI.
Mikkel Eriksen owns part of the Norwegian clothing firm JohnnyLove which they are trying to introduce to the American market. On the American launch party in New York on the 12th of October 2011 Jay-Z came to show his support and stated to the reporter that he was "a little bit Norwegian, as I am sure you know".
Tor Erik Hermansen owns one third of the award-winning Norwegian St. Lars restaurant in Oslo together with international TV-chef Andreas Viestad and Face2Face-founder Per Meland. Queen Sonja of Norway and the Norwegian prime minister Jens Stoltenberg are regular guests. The owners have tried to bring some of the ambience from the New York-restaurant The Spotted Pig, owned by Stargate's StarRoc-partner Jay-Z, to the restaurant.
Read more about this topic: Stargate (production Team)
Famous quotes containing the word ventures:
“At the moment when a man openly makes known his difference of opinion from a well-known party leader, the whole world thinks that he must be angry with the latter. Sometimes, however, he is just on the point of ceasing to be angry with him. He ventures to put himself on the same plane as his opponent, and is free from the tortures of suppressed envy.”
—Friedrich Nietzsche (1844–1900)
“If one ventures a word with you, will you be offended? But who can keep from speaking?”
—Bible: Hebrew, Job 4:2.
Eliphaz, one of Job’s “comforters,” to Job.