Visiting Dignitaries

Is Jay-Z About to Close an ‘Eight-Figure’ Deal with Samsung?

Page Six sure thinks so!
You think he ever worries about the symbolism? (Photo: Getty Images/D Dipasupil)

You think he ever worries about the symbolism? (Photo: Getty Images/D Dipasupil)

Looks like Blue Ivy will be kept in ponies and designer toddler duds for the foreseeable future. Beyoncé recently rolled out high-profile campaigns with Pepsi and H&M, and now it seems Jay-Z is hustling for some of that tech boom dough. According to the New York Post, he’s currently negotiating an enormous deal to promote Samsung.

Maybe while he’s at it he can rescue Alicia Keys from BlackBerry?

The Post’s Page Six 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. One source 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.’”

Sure, “you can speculate.” Why not speculate, really? Speculate away!

Follow Kelly Faircloth on Twitter or via RSS. kfaircloth@observer.com