Skip to Content
News

Jay Z Is Becoming A Streaming Mogul After All

NEW YORK, NY – FEBRUARY 15: Rappers Sean Combs and Jay Z attend the 2015 NBA All-Star Game at Madison Square Garden on February 15, 2015 in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the…

Last week we learned that Jay Z's attempt to buy the Swedish music streaming service Aspiro was blocked by minority stakeholders. His future as the next Dr. Dre seemed bleak! But as well all know, Jay's not a businessman, he's a business, man, and it looks like his fortunes have turned around. Billboard reports that Jay's bid to buy Aspiro for $56.2 million has been approved. No word as to what he plans to do with it, but Billboard speculates that the service's editorial capacity could provide a promising extension of his Life + Times blog, and Aspiro could end up hosting exclusives from Roc Nation artists. The real question: Will Jay's brunch buddy Taylor Swift sign up?

GET THE STEREOGUM DIGEST

The week's most important music stories and least important music memes.