Rich and wayward Jay Z into the music streaming media field

A few days ago, United States hip-hop superstar Jay Z through its own Project Panther Bidco Company, to 464 million CZK (about 56 million U.S. dollars) Price, acquisition of Swedish music streaming media service provider Aspiro. The money of Jay Z (Forbes estimated 2014 Jay Z net worth of up to 520 million U.S. dollars) has always been a broad business investment, which is his first entry into the Music Stream media field.

Aspiro's existing two streaming media services--wimp and Tidal. Among them, WIMPs offers no advertising music services, as well as daily record recommendations, performance track inquiries, artist interviews and other content; Tidal offers high-fidelity music, high-definition music videos, and commentary reviews.

At present, WIMPs's main service market is Norway, Denmark, Sweden, Germany, Poland, while the main service market of Tidal is the United Kingdom, the United States, Canada, Finland, Ireland, the Netherlands, Belgium and Luxembourg. According to Aspiro, WIMPs has 580,000 paid subscribers in mid-2014, 170,000 HiFi consumers and the new Tidal is expanding. And another streaming media service, Spotify, already had more than 40 million subscribers and 10 million paid subscriptions.

At present, tidal total contains 25 million songs, more than 75,000 music videos, provide bit FLACFLAC format of the lossless music download, monthly subscription fee of 19.99 pounds; Spotify has 35 million songs to provide the highest 320kbit/ s streaming quality with a monthly subscription fee of £ 9.99. Although Tidal contains less content and higher subscription fees, more and more people prefer high quality music, a big counterweight to Tidal's future challenge to Spotify.

In recent years, many musicians across the border into the technology circle, Neil Young released Pono player, Apple joint Dr.Dre ready to be pre-installed in IOS this year Beats Music, the British rock band Motörhead and Swedish equipment manufacturers to build headphones brand Motörheadphönes, Cui Jian and Ougu (Ougu) company to do mobile phone bluebone.