je.st
news
Jay Z Buys Swedish Music Service to Take On Beats, Spotify
2015-01-31 04:34:18| Appliances - Topix.net
The rapper's holding company S. Carter Enterprises LLC agreed to buy Sweden's Aspiro AB, the maker of the Wimp and Tidal music services, for $56 million, according to statements from the companies today. The bid by Jay Z, whose real name is Shawn Carter, led to a 58 percent jump in Aspiro's share price in Stockholm.
Tags: service
music
jay
swedish
Category:Consumer Goods and Services