The Official Jay-Z's "Tidal" Streaming Service Thread (New Stand Up Comedy Series Added)
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_Goldie_
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Earlier this year, Brooklyn’s own Jay Z would be trying his hand at the music streaming industry with an 8-figure bid to buy European streaming service Aspiro. Well, it appears that not all business venture’s come with a ribbon-wrapped bow. Today, it’s been reported by Swedish publication Dagens Industri that Hov’s $56,000,000 bid was rejected by the company’s minority stockholders after being unanimously excepted by the board. And while he’s not exactly out of the race to purchase the highly-coveted streaming service (with the terms of his offer ending next week on March 11th) the shareholders will continue to work out more favorable terms for themselves. And while Jay’s Brooklyn Nets venture didn’t exactly pay out the way he had hoped, based solely on the size of this bid, we’re thinking the shareholders might just have a change of heart in the 11th hour. On the other hand, it might just be a safer bet to take that hefty offer and buy into say, Spotify or Beats, both of which have a commanding hold on the streaming industry, but you know how the story goes; whatever Jay Z wants, he most certainly gets.
*UPDATED*
Jay Z may have been stifled by the minority shareholders of Aspiro when he put in his massive $56,ooo,ooo bid last week, but it appears now board could hold Hov down. Today it was announced that Jay’s 8-figure bid — submitted through his own Project Panther Bidco company — was accepted by the shareholders (called it) who command only 10 percent of the company. While Aspiro has been getting most of the shine in matter, it’s really the company’s lossless streaming platform Tidal that everyone’s been after, as it offers a quality 4x greater than what comparable platforms provide (Spotify, Beats, Apple’s forthcoming streaming endeavor) allowing consumers to stream hi-fidelity audio wherever they’re at, whenever they want it. Hov is expected to make the official announcement of the acquisition any day now, so be on the look out for that.
Comments
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Racist Swedish ? .
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Not surprised at all
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This ? is happening because he's black.
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$56,000,000? I never even heard of Aspiro. ? your man Hov
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sounds like a bunch of boring ? to me, so hov has been stopped from making more money? zzzzzzz wake me up when the action bronson album leaks or nas drops some new ? .
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? 's making power moves is boring?
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We all know why he was denied
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YoungGoldie wrote: »? 's making power moves is boring?
Jay is already filthy rich ? a power move, this ? is gossip until confirmed by jay himself anyway, did jay ever confirm this? -
damn Euro Jay got shut down
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I'm not too quick to cry racism based on foreign ? . Plus I don't know how that business ? goes especially internationally. But if this was race based i wouldn't be surprised.
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YoungGoldie wrote: »
Earlier this year, Brooklyn’s own Jay Z would be trying his hand at the music streaming industry with an 8-figure bid to buy European streaming service Aspiro. Well, it appears that not all business venture’s come with a ribbon-wrapped bow. Today, it’s been reported by Swedish publication Dagens Industri that Hov’s $56,000,000 bid was rejected by the company’s minority stockholders after being unanimously excepted by the board. And while he’s not exactly out of the race to purchase the highly-coveted streaming service (with the terms of his offer ending next week on March 11th) the shareholders will continue to work out more favorable terms for themselves. And while Jay’s Brooklyn Nets venture didn’t exactly pay out the way he had hoped, based solely on the size of this bid, we’re thinking the shareholders might just have a change of heart in the 11th hour. On the other hand, it might just be a safer bet to take that hefty offer and buy into say, Spotify or Beats, both of which have a commanding hold on the streaming industry, but you know how the story goes; whatever Jay Z wants, he most certainly gets.
Link? -
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Never heats of that
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Heard
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J.J._Evans wrote: »This ? is happening because he's black.
or maybe they are playing ball and want more money?
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Aww damn. Sorry to hear that. Now stans don't have another another diversion topic. Sucks.
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MarcusGarvey wrote: »YoungGoldie wrote: »
Earlier this year, Brooklyn’s own Jay Z would be trying his hand at the music streaming industry with an 8-figure bid to buy European streaming service Aspiro. Well, it appears that not all business venture’s come with a ribbon-wrapped bow. Today, it’s been reported by Swedish publication Dagens Industri that Hov’s $56,000,000 bid was rejected by the company’s minority stockholders after being unanimously excepted by the board. And while he’s not exactly out of the race to purchase the highly-coveted streaming service (with the terms of his offer ending next week on March 11th) the shareholders will continue to work out more favorable terms for themselves. And while Jay’s Brooklyn Nets venture didn’t exactly pay out the way he had hoped, based solely on the size of this bid, we’re thinking the shareholders might just have a change of heart in the 11th hour. On the other hand, it might just be a safer bet to take that hefty offer and buy into say, Spotify or Beats, both of which have a commanding hold on the streaming industry, but you know how the story goes; whatever Jay Z wants, he most certainly gets.
Link?
your questioning what you read? But its written online so it has to be the truth lol this Is the mentality of so many its sad, keep on questioning my friend.
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Maybe $100 mill would of got him in the door
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http://www.hotnewhiphop.com/jay-z-has-successfully-acquired-swedish-streaming-company-aspiro-news.14328.htmlJay Z Has Successfully Acquired Swedish Streaming Company, "Aspiro"
Jay Z's bid for music streaming company, Aspiro, has been accepted.
Streaming seems to be the future of music distribution, and those looking to make a penny are investing now. Never one to miss an opportunity to get a head start in the business side of music, Jay Z made a $56 million bid for Swedish streaming company, Aspiro, which owns WiMP and Tidal, two systems that specialize in "high fidelity" streaming.
While early reports claimed that Hov may be blocked from purchasing the company, it's now been confirmed that his bid was accepted.
As far as what Jay will do with it, we'll have to wait and see. Hopefully he has plans to lower the price, which currently stands at $19.99/month USD, a good double the price of Spotify. If Neil Young's PONO is any indication, people are not willing to shell out money for lossless music at this time.
With Beats Music set to be pre-installed on all Apple devices, Jay will also be going head to head with Dre's Beats service. The streaming wars should be interesting. -
56 mil tho??
sshheeesh -
? ? Camel with another L
#DEAD -
So the deal has gone through....
I was gonna say that I doubt it would be racism... -
J.J._Evans wrote: »
http://www.hotnewhiphop.com/jay-z-has-successfully-acquired-swedish-streaming-company-aspiro-news.14328.htmlJay Z Has Successfully Acquired Swedish Streaming Company, "Aspiro"
Jay Z's bid for music streaming company, Aspiro, has been accepted.
Streaming seems to be the future of music distribution, and those looking to make a penny are investing now. Never one to miss an opportunity to get a head start in the business side of music, Jay Z made a $56 million bid for Swedish streaming company, Aspiro, which owns WiMP and Tidal, two systems that specialize in "high fidelity" streaming.
While early reports claimed that Hov may be blocked from purchasing the company, it's now been confirmed that his bid was accepted.
As far as what Jay will do with it, we'll have to wait and see. Hopefully he has plans to lower the price, which currently stands at $19.99/month USD, a good double the price of Spotify. If Neil Young's PONO is any indication, people are not willing to shell out money for lossless music at this time.
With Beats Music set to be pre-installed on all Apple devices, Jay will also be going head to head with Dre's Beats service. The streaming wars should be interesting.
Story
Jay Z may have been stifled by the minority shareholders of Aspiro when he put in his massive $56,ooo,ooo bid last week, but it appears now board could hold Hov down. Today it was announced that Jay’s 8-figure bid — submitted through his own Project Panther Bidco company — was accepted by the shareholders (called it) who command only 10 percent of the company. While Aspiro has been getting most of the shine in matter, it’s really the company’s lossless streaming platform Tidal that everyone’s been after, as it offers a quality 4x greater than what comparable platforms provide (Spotify, Beats, Apple’s forthcoming streaming endeavor) allowing consumers to stream hi-fidelity audio wherever they’re at, whenever they want it. Hov is expected to make the official announcement of the acquisition any day now, so be on the look out for that. -
What's Nas up to these days?
