Plies Vs Shit Locks

Jay Z's $56 Million Streaming Service Bid Rejected



via ! Exclaim.ca - News Jay Z



Earlier this year, rap mogul Jay Z attempted to break into the expanding world of music streaming by placing a $56 million bid on the Norwegian company Aspiro, which owns the services Tidal and WiMP. It's not going quite as Hova planned, however, since Aspiro's minority owners have rejected his offer, More than 10 percent of the minority owners have blocked the bid, reports AFP. If Jay Z still hopes to buy the company, he will need to amend his offer, either by coughing up more money or by agreeing to a lower percentage of the company; he previously sought a 90 percent stake. ...

Share on Google Plus

About Stl Shit

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.
    Blogger Comment

0 comments:

Post a Comment