Sources report that Jay-Z is about to sign a very lucrative deal with Samsung Mobile. The contract is said to be worth as much as $20 million.
Page Six reports:One source has said, “The eight-figure deal will be inked in the next few weeks, and is the biggest of its kind. 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.”
Samsung has been quite successful with its Galaxy mobile phones and counts LeBron James as an endorser. A streaming music service would put Jay-Z in competition with Dr. Dre and Jimmy Iovine’s forthcoming “Daisy” subscription service.
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