5 Companies With Jay-Z in Their Corner

The rapper has endorsed an impressive pile of products

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5 Companies With Jay-Z in Their Corner

Samsung

Samsung185 5 Companies With Jay Z in Their CornerEarly in June, rumors began circling that Jay-Z was about to ink a $20 million deal with Samsung (SSNLF) — the electronics maker gunning after rival Apple (AAPL).

Then things died down a bit … for a few weeks.

Finally, news broke that Jay-Z was indeed teaming up with the company — to release his new album, Magna Carta Holy Grail. The deal: Samsung would give away 1 million copies of the new album to subscribers three days early through a mobile app.

But the stunt didn’t go as planned. Apparently the album wouldn’t download, and fans’ repeated attempts at getting his latest tracks eventually crashed the app. That’s a downer for Samsung, as it paid $5 for each album and hardly got the good press it expected.

But while Jay-Z was quick to express his disappointment in the app’s functionality, he took it with a grain of salt.

“Anytime you do something different — and you should always try to push forward in whatever you’re doing — it’s going to be a problem,” the rapper told MTV.


Article printed from InvestorPlace Media, http://investorplace.com/2013/07/5-companies-with-jay-z-in-their-corner/.

©2014 InvestorPlace Media, LLC

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