Jay Z Makes Bid To Acquire Music Streaming Company

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Source: Wired

Jay Z is gearing up to make a big splash in the music streaming industry. Reports are coming in that Jay has made a bid to acquire Swedish music company Aspiro, who is tied to services such as WiMP and Tidal, to the sum of $56 million. With the competition between music streaming services heating in the last few years with Pandora, Spotify, Beats Music, and Rdio among others, it will definitely be interesting to see where Jay will end up in all of this.

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