Jay Z’s $56 Million Bid For Swedish Music Streaming Company Was Accepted


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Jay Z’s $56 Million Bid For Swedish Music Streaming Company Was Accepted

It was back in January that Jay Z bid $56 million into the company for the ability to own it , which owns high fidelity streaming services WiMP and Tidal. It was originally reported that the minority shareholders that controlled 10 percent of Aspiro’s shares had considered blocking the bid after they questioned his plans for international expansion .

Today , the news broke out that Jay Z’s $56 million dollar bid was accepted just before the March 11th deadline!!

Jay Z’s $56 Million Bid For Swedish Music Streaming Company Was Accepted

Nobody is exactly sure what Jay Z’s Plans are when it comes to the service. But this is a major purchase for Jay Z who also launched a film and TV Management company just last month.

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