Friday, June 7, 2013
Jay-Z To Ink $20 Million Deal With Samsung
Jay-Z’s business empire is continuously growing and he’s about to ink a new lucrative deal with Samsung Mobile.
The hip-hop mogul is in talks with the mobile company to create a streaming music service to promote artists signed to his Roc Nation label. Sources say the contract is worth a whooping $20 million.
“The eight-figure deal will be inked in the next few weeks, and is the biggest of its kind,” reports the New York Post. “You can speculate that he’ll want to develop some kind of new music-streaming service to promote his acts and music on mobile devices.”
This deal comes just six months after Beyonce’s $50 million deal with PepsiCo. It’s no wonder Jay and Bey are music’s first billionare couple!