Samsung and Jay-Z close to signing $20M partnership agreement

Samsung and Jay-Z close to signing $20M partnership agreement
Designer headphones and mobile audio are big business these days. HTC is working with Beats Audio, which of course has Dr. Dre and Jimmy Iovine behind it. No one seems to care much that 50 Cent has his own line of headphones, but he does. And now, rumor has it that Samsung and Jay-Z are about to sign a $20 million partnership deal.

The report comes from the New York Post's Page Six, meaning this may just be a rumor overheard in a nightclub at 3AM, but it sounds reasonable enough. 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."

The rumor that the deal is coming sounds logical to us. Samsung has a ton of money, and loves to spend it on marketing. And, Jay-Z is an incredibly smart businessman (business, man), so we would certainly expect something interesting to come of the partnership. At the very least, maybe Jay can help Samsung sort out the mess that is its Music Hub, which has often been called "confusing" and "over-complicated". 

source: NYP

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59 Comments

2. jaychildz

Posts: 144; Member since: May 31, 2013

ROCBeats

18. InspectorGadget80 unregistered

That sounds horrible

48. jaychildz

Posts: 144; Member since: May 31, 2013

A lot of things do luckily im not on their marketing team so you don't have to worry about my 2cents, so sit yo 5 dollar ass down before i make change!

7. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

Dudes become a heckuva businessman.

20. InspectorGadget80 unregistered

Heck of a businessman. He's former CEO OF DEF JAM RECORDS, Married Beyonce Co Founder of ROCK-A-FELLA records, former owner of the BROOKLYN NETS sold his stock and have multiplatinum records. That's how you suppose know who Jay-Z is.

23. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

Please see post #22

35. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

Never said I didn't know who he was. I've known who he was since 88' when he was in the Hawaiian Sophie video with jazz. YouTube sonnnnn.

42. Azure01

Posts: 127; Member since: Aug 16, 2011

His share for the Brooklyn Nets was less than .02% so that doesn't really matter. Though you're 100% correct on his other accolades.

64. DnB925Art

Posts: 1167; Member since: May 23, 2013

And don't forget he's now getting into the Sports Agent business as well. There are a bunch of athletes signed or will be signed to his agency. DeSean Jackson being one of the rumored latest signings.

8. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

FlushGordons racist remark got yanked.

9. Atrixboyyy

Posts: 581; Member since: Nov 03, 2011

my girlfriend screamed ILLUMINATI!! when i showed this to her lol

25. kurtdean99

Posts: 79; Member since: Jun 02, 2013

Yea, He's pretty much satanic illuminati worshipper just like Samsung lol

32. RaKithAPeiRiZ

Posts: 1488; Member since: Dec 29, 2011

S-Illuminati

10. KickRocks

Posts: 267; Member since: Mar 22, 2011

Everyone "Keep calm and love Jay-Z"

33. TROLL

Posts: 4851; Member since: Apr 13, 2012

Rap music is for immature bad boys. And for under 30s Like the Gangsters, Godfather*® Reggae FTW Dub music©

36. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

Rap music is for whoever wants to listen to it. And you sound like a typical hater dude. Are you mad about his partnership, because he's a rapper? Hmmmmmm

49. jaychildz

Posts: 144; Member since: May 31, 2013

People look at rap and name thugs and drug dealers. What about the mindful sense-ful musicians who don't have 30 chains on and "bitches" in their every video

40. HouTexan

Posts: 461; Member since: Jan 08, 2012

Hip hop is for whomever wants to freaking listen to it; just like dub step. Get real.

44. Whateverman

Posts: 3295; Member since: May 17, 2009

So basically your saying you know nothing about rap or hip hop, and yes they are two different things. You should probably look up KRS1, Public Enemy, A Tribe Called Quest, MC Lyte, Doug E. Fresh, Slick Rick, Big Daddy Kane, Grand Master Flash and the Furious 5, Gangstarr, Guru, Eric B. And Rakim, Brand Nubian, etc, etc... I can do this all night. My point is you can't judge all rap by the garbage you hear on the radio now. And if you don't understand it origin, you are ill equipped to judge it.

52. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

Well said bro. Troll out his foot in his mouth, both feet on that one. He didn't even bother to respond, cuz he woulda gotten eaten alive on this one. +1 WM. you got hiphop knowledge dude.

55. Whateverman

Posts: 3295; Member since: May 17, 2009

You too, no one EVER remembers Hawiian Sophie, classic! +10

19. InspectorGadget80 unregistered

Think its a wast of money Samsung. Jay-Z is going too keep all the cash and not help promote your products.

24. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

And how exactly do you know that, and why on earth would Samsung need your advice?

29. greathero1

Posts: 584; Member since: Jun 13, 2008

Seeing is how the guy went from rags to worth $500 million speaks volumes about his business savy and he is very popular so why would it be a waste of money to get a celebrity to help push your brand. There's nothing with Samsung using his likeness and nothing wrong with Jay-Z getting paid for it. You don't get a net worth of $500 million by not doing your job so I don't understand why your are assuming that he wouldn't fulfill his duties. You don't get to half a billion by doing things half assed.

31. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

HATER PLAIN, AND SIMPLE is what gadget is, just read his posts. Nothing is ever positive.

60. InspectorGadget80 unregistered

Actually YOURE THE most hated person on this site u bad mouth how Google Samsung copied apple and apps. U also keep saying Samsung deserve too get a law suit by apple n phone ban. Don't tell me I'm negative when YOURE THE most negative person on this blog.

61. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

Once again I ask you to provide the link to the article I said this on. If you can't, YOU SIR ARE A LIAR. I'm waiting for the link to the article.

62. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

Still waiting... I also count 10 grammatical mistakes in you're post.

63. darkkjedii

Posts: 30836; Member since: Feb 05, 2011

If you can't put up shut up, you've lost all cred dude.

41. HouTexan

Posts: 461; Member since: Jan 08, 2012

Lol @ 'waste of money'. You people are quite delusional.

* Some comments have been hidden, because they don't meet the discussions rules.

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