Jay Z’s Bid For Music Streaming Service Has Been Accepted

Hov’s empire now includes a Swedish streaming service.

March 11, 2015

False alarm: Jay Z's $56 million bid to buy Aspiro has been accepted, Sweden's E24 reports (via Billboard). Under the Swedish tech company's umbrella are Tidal and WiMP, subscription-based streaming services that target audiophiles with high-quality, lossless audio formats—which makes it a better platform to stream to Rihanna's new album on, you know?

Photo Credit: Frederick M. Brown/Getty Images

Jay Z’s Bid For Music Streaming Service Has Been Accepted