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Jay-Z and Samsung working on $20 million deal for exclusive music streaming service, according to report

News   •   Jun 08, 2013 15:47 BST

According to a report Samsung is working on a special music streaming service involving Jay-Z. The report says that the Korean tech giant and the rapper are working on a $20 million deal that will bring the special music streaming service exclusively to Galaxy smartphones and tablets.

The news comes to us from the New York Post (see their website here). The site reports, “Jay-Z is about to ink a hugely lucrative deal with Samsung Mobile, sources tell Page Six. The contract is said to be worth as much as $20 million.”

The source says, “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 and Jay-Z have not commented on this report, so treat it as a mere rumour for now.

Do you think Samsung and Jay-Z are working on a $20 million deal that will bring an exclusive music streaming service to devices such as the Samsung Galaxy S4 (see more on Samsung Galaxy S4 here) or the Samsung Galaxy Note 2 (see more on the Samsung Galaxy Note 22 here)? Share your thoughts through a comment below.