Just when I thought I wouldn’t have to write about streaming again, here comes Jay Z…
…who just purchased “Aspiro” for $56 million!!!
Streaming music is such a hot topic these days in the music industry and this week it’s heating up again all thanks to Mr. Z!
Jay is wealthy. That we all know, but now he’s looking to increase his millions by purchasing the Swedish tech company “Aspiro”. He purchased the company for $464 million kroner which comes out to $56 million USD!
Aspiro has their own music services: “WiMP” and “Tidal”. I’ve never heard of WiMP but Tidal was a service I once wrote about! See here: musicrowgirl.com/tidal.
Both services are streaming high-resolution “lossless” music files which is a fancy way of saying that the music is much more high quality!
Tidal’s CEO Andy Chen, has said: “For some reason music is the only format where people accept…
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