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Jay Z Acquires Music Streaming Company ‘Aspiro’

Posted on March 11th, 2015
by
Staff Editor


Jay Z expands his hand of business to music distribution after his $56 million bid for Swedish streaming company was accepted, according to E24. Aspire is the parent company of WiMP and Tidal, streaming companies that boast of the label of having “high fidelity” streaming.

It was originally believe that the minority shareholders would deny Hov’s offer, however, the streaming service will join Jigga’s long line of acquisitions. There is currently no news on what’s next for the streaming services, but inclusion with Roc Nation is likely for the Aspiro pieces, stay tuned for more developments.

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