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Saturday, February 7, 2015

Jay Z Bids To Enter Streaming Biz

2-2-2015

Music mogul Jay Z is making a $56 million bid for Swedish tech firm Aspiro, positioning himself as a competitor to Pandora and Spotify. As reported in Fansided, the acquisition would give JayZ a 90 percent control of the company, which operates the Tidal streaming service in the US, Canada, and the UK.

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