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Samsung and Jay-Z 'close to inking' $20 million sponsorship deal
The reason for Jay-Z’s change of heart? A new deal that involves king of all Android smartphone makers, Samsung, which is said to amount up to eight figures in total.
According to a Page Six story that first appeared on The New York Post, the rapper is currently in talks with mobile industry giant Samsung and is close to signing a new $20 million deal. What exactly this multi-million dollar deal covers is still uncertain. But we’re willing to bet a whole $20 of our own that Jay-Z will be getting a new Samsung Galaxy phone of his own as part of it.
One of the NY Post‘s sources stated that Samsung and Jay-Z will complete negotiations and sign all the necessary paperwork “in the next few weeks.”
This could mean the arrival of a new kind of music service that somehow involves Jay-Z and some of his upcoming works, or that Samsung is simply signing Jay-Z as a brand ambassador of some kind to promote some of its future products. Either way, we’re bound to see an interestingly fresh new collaboration with a hopefully fresher set of sounds to go along with it.