Jay-Z |
Shawn Corey Knowles-Carter, better known by his stage name Jay-Z, is rumoured to be inking a deal with Electronics giant, Samsung. The source said, “The eight-figure ($20,000,000) 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.”
The rap star is rumoured to be setting up a music streaming service to help promote acts signed to his Roc Nation label – including Rita Ora, Alexis Jordan and J.Cole – via the company’s smartphones.
This deal also benefits Samsung as it has also increased its focus in Music with the launch of its Music Hub last year and even its partnership with Universal Music in Africa to launch The Kleek.