Jay Z To Buy Streaming Music Service Aspiro for $56 Million



The hip-hop mogul wants to challenge Spotify

Taylor Swift isn’t the only artist to throw up roadblocks in Spotify’s march toward music streaming domination, as Jay Z has now made an offer to purchase a streaming service of his own.

The hip-hop mogul — real name Shawn Carter — is in the process of buying the Scandinavian music streaming company Aspiro for a reported $56 million. Project Panther Bidco Ltd, a company controlled by Jay Z, told Reuters.

Aspiro’s main shareholder, the Norwegian media group Schibsted, has said they’ve accepted the offer.


Read More: http://time.com/3689197/jay-z-aspiro-streaming-service/

JT & MySpace teas

Business mogul

So can we expect Aspiro suprise releases?

hmmm...

hmm..

Originally posted by MikeFenty Why do I have a feeling someone like Taylor Swift will actually be on this service.

THIS IS THE END OF MUSIC I'M TELLING YOU
Because of this A BIG WAR will be caused. Spotify will be taken down as well as Youtube and Itunes.
No one will ever record music ever again.

Originally posted by Rider THIS IS THE END OF MUSIC I'M TELLING YOU Because of this A BIG WAR will be caused. Spotify will be taken down as well as Youtube and Itunes. No one will ever record music ever again.

Originally posted by Truth Teller Except for Jay Z, which is even worse than having no music at all

Everyone should buy FourFiveSeconds now (link in my sig) because you won't be able to do it later.

Good luck with that. I knew there was a reason why Rihanna's new single wasn't on Spotify.

Originally posted by Truth Teller Except for Jay Z, which is even worse than having no music at all

Lame, I'm bitter.