Jay Z Places Bid For High Quality Streaming Services
Music-streaming has arguably emerged as the most game-changing innovation in recent memory, but there has yet to be a definitive service to claim victory. Spotify, Pandora, Beats Music, and more fight to claim market superiority. Despite the abundance of music streaming services, high-quality services that give users lossless and other HQ mediums are not nearly as prevalent. A music icon may change that very soon.
The New York Times revealed that rapper Jay Z placed a bid to purchase Aspiro, a Swedish company that operates two high-quality streaming services. According to the article, the company has opened up a preliminary acceptance of the $56 million offer. Aspiro runs WiMP and Tidal, two services that offer high-fidelity audio. This latest venture would only add to Jay Z's growing list of business enterprises, lending even more credence to his lyric, "I'm a business, man."
Watch a video review of Tidal below: