Jay Z New Business Venture

JAY Z and D'USSE Cognac Host The Official Legends of the Summer After Party - Chicago According to the NY Times, Jay Z is getting into the streaming music business, with a $56 million offer for Aspiro, a Scandinavian business that runs two ad free music streaming services, WiMP and Tidal.

Jay Z’s company, Project Panthers Bidco Ltd, released a statement to Reuters on Friday saying that they found Aspiro to be “an innovative high-quality company with strong future growth potential.”

This deal is another addition to his entertainment and sports career as business savvy entrepreneur.