Jay Z's Bid For Swedish Streaming Service Aspiro Reportedly Accepted
March 12, 2015 at 3:52 AM (PT)
JAY Z's recent bid for the SWEDISH Music Streaming Service ASPIRO's WiMP, has finally been accepted. The price tag reportedly is $56.2 million, reports VIBE.COM. Shareholders have balked since the process started. (NET NEWS 2/24)
Head of the Independent Bid Committee FREDRIK BJORLOAND wrote, "We as board tried to be as transparent as possible towards minority shareholders so that they could make the best possible assessment of the bid."
It has been rumored the streaming software will be used for ROCK NATION music exclusives. WiMP provides space for editorials which some think JAY Z might use for his Blog "LIFE + TIMES."