It’s good to be Jay Z.
In 2006, he featured French champagne brand Armand de Brignac, alongside Danica Patrick and Dale Earnhardt Jr., in the music video “Show Me What You Got.” This week*, he concluded a deal to buy a stake in the company from New York’s Sovereign Brands. From the New York Times report:
Yvonne Lardner, a spokeswoman for Sovereign Brands, said the company has had a “wonderful relationship” with Jay Z. “He became interested in owning the brand and made us an offer we simply couldn’t refuse,” she said.