Jay Z is about to purchase a multi-billion dollar music streaming service. Sweden-based company Aspiro sold Hov it’s WiMP service for 464 million Swedish crowns which is $56 million dollars. WiMP is the highest streaming service in all of Europe and is considered a serious rival for Spotify. Aspiro’s board will be formally announcing the acceptance of Hov’s bid soon.
No wonder why Jay hasn’t bothered to remotely respond to Funk Flex’s rants.
Via HHNM
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