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  When Jay Z submitted a $56 million bid to acquire Swedish streaming service Aspiro earlier this year, it wasn’t clear exactly what his plans…

Entertainment

Jay Z just expanded his business portfolio with the addition of a subscription streaming service…in fact, the rival of popular streaming service Spotify. According to Billboard, the mogul has purchased Aspiro, the Swedish parent company of two subscription streaming services, WiMP and TIDAL. The offer of 464 million Swedish krona, or $56.2 million, represents a […]