Jay-Z And Samsung Mull Music Streaming Service, But Is The Market Too Crowded?

Jay-Z: He's so streamy. But he'll have competition.

Jay-Z and Samsung are close to creating a music streaming service, according to reports that surfaced earlier this week. As usual, it appears that the rapper will be well-compensated for his efforts: the venture would be part of a deal worth as much as $20 million.

Any service the two parties create would likely serve in part as a vehicle for promoting acts signed to Jay-Z’s Roc Nation, not to mention his own music. Samsung already has a subsc...