Though this has nothing to do with Demi Lovato but the news concern about the future growth of management company Philymack, a firm founded by Phil McIntyre and representing Demi Lovato, Joe Jonas’ band DNCE.

Jay Z has expressed his thought on annoucing the alliance between Roc Nation and Philymack.

“Phil has built an amazing company,” then he adds, “We sat down and dreamt about what the future could hold if we partnered. Our views aligned on nurturing, growth and allowing creatives to stay true to their voice. That dream we are living today and it’s been amazing for all parties. We look forward to what tomorrow brings.”

Roc Nation CEO Jay Brown also weights in for comments.

“We believe in Phil, his company, and his vision. He is committed to and has a passion for developing talent. His character and business sense are reflective of the Roc Nation philosophy.”

In May, McIntyre launched Safehouse Records, a joint venture with Lovato, Jonas and Island Records.Let’s see what to future holds.

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