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J.J._Evans;7863588 said:http://www.hotnewhiphop.com/jay-z-h...dish-streaming-company-aspiro-news.14328.htmlJay Z Has Successfully Acquired Swedish Streaming Company, "Aspiro"
Jay Z's bid for music streaming company, Aspiro, has been accepted.
Streaming seems to be the future of music distribution, and those looking to make a penny are investing now. Never one to miss an opportunity to get a head start in the business side of music, Jay Z made a $56 million bid for Swedish streaming company, Aspiro, which owns WiMP and Tidal, two systems that specialize in "high fidelity" streaming.
While early reports claimed that Hov may be blocked from purchasing the company, it's now been confirmed that his bid was accepted.
As far as what Jay will do with it, we'll have to wait and see. Hopefully he has plans to lower the price, which currently stands at $19.99/month USD, a good double the price of Spotify. If Neil Young's PONO is any indication, people are not willing to shell out money for lossless music at this time.
With Beats Music set to be pre-installed on all Apple devices, Jay will also be going head to head with Dre's Beats service. The streaming wars should be interesting.
stackmaster 313;7868576 said:What's Nas up to these days?
When Jay Z and a group of investors, including NY Knicks star Carmelo Anthony, bought the new music streaming service TIDAL for $56 MILLION last week, everyone in the MUSIC INDUSTRY TOOK NOTICE.
Well the deal is potentially BIGGER anyone could have imagined. According to MediaTakeOut.com's TOP snitch, Beyonce and Jay Z plan on releasing a JOINT "VISUAL" ALBUM on Sunday morning. Then, they plan on launching RIHANNA's new visual album the following week.
We spoke to a person in Jay's camp who broke it down. The insider explained, "Beyonce's last album got a million [unit] sales, if we can get a million subscriptions to TIDALL, the company would be work BILLIONS." We're told that Jay and Bey's equity ownership interest would be valued at $4 BILLION.
We can't WAIT to see the Jay and Bey JOINT VISUAL album. And we're gonna pay the $19.99 for the new TIDALL SERVICE to get it. Y'all already know that we SUPPORT THE CARTERS!!!
stackmaster 313;7868576 said:What's Nas up to these days?
Angeles1son85;7899028 said:Damn a group jay bey and melo couldnt come up with 56 mil tho
stackmaster 313;7868576 said:What's Nas up to these days?
FuriousOne;7899190 said:stackmaster 313;7868576 said:What's Nas up to these days?
Mass Appeal
Angeles1son85;7899028 said:Damn a group jay bey and melo couldnt come up with 56 mil tho