Jay Z becomes Spotify competitor

Rapper Jay Z became an opponent of Spotify after buying the Swedish streaming company Aspiro, which is behind the WiMP and Tidal services.

The $ 56 million deal was signed by Project Panther Bidco, a company controlled by Shawn Carter LLC, which is owned by Jay Z.

Although WiMP is only available in Sweden, Denmark, Norway, Germany and Poland, Tidal arrived in the United States and the United Kingdom last year, as recalled by The Next Web.

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