30-01-2015 14:57 via news.yahoo.com

Jay Z to acquire Wimp music service

US rap star Jay Z will make a $56-million foray into the music streaming business by taking over the Norwegian service Wimp, its shareholders confirmed Friday. The platinum-selling artist and record producer Jay Z used his controlling stake in Project Panther Bidco to launch the 464-million-kronor ($56-million, 49-million-euro) bid for Aspiro, the Swedish-listed company behind Wimp. "I think they will be a better owner to lift Aspiro and its advanced music streaming service to a new level,&
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