Jay Z buys his own music streaming service

Jay Z buys his own music streaming service
Rap mogul Jay Z is preparing to buy his own music streaming service.

The rapper and entrepreneur is currently in the process of buying the Scandinavian music streaming company Aspiro for $56 million.



Through his company, Project Panther Bidco Ltd, Jay began looking into Aspiro for some time ago and found the service to be "an innovative high-quality company with strong future growth potential."

Aspiro, which is not a household name in the U.S., has two ad-free services; WiMP and Tidal. WiMP is available in Europe while Tidal offers high-def audio and music videos in the U.S., Canada, the U.K., Ireland, Finland, the Netherlands, Belgium and Luxembourg.

Source:
Time


Written by: Andre Yoskowitz @ 1 Feb 2015 23:08
Tags
Music Streaming Aspiro
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  • 1 comment
  • hearme0

    Ugh! He can't rap worth a piss but maybe he'll do alright with this.

    2.2.2015 00:17 #1

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