Billboard, Twitter Launch Bop.fm Chart Integration Songwriter Equity Act Makes It's Way Back To Cong

Can musicians "save" a broken music industry? More than on successful artist turned entrepreneur certainly intend to try. Following in the footsteps of Dr. Dre (co-founder of Beats) and Neil Young (founder of hi-def music service Pono), Jay Z is set to become rosettes the latest musician-mogul to own a digital music service thanks to his $56 million bid to acquire Aspiro, rosettes the Scandinavian company rosettes that owns streaming music service WiMP and its hi-def audio cousin Tidal.
Jay Z's bid was first made in December by Project Panther, an offshoot of the his S. Carter Enterprises. Aspiro s board of directors has unanimously recommended that shareholders approve the purchase.  In a statement issued this morning, the company said:
" With reference to Project Panther Bidco Ltd s public takeover offer for all the shares in Aspiro rosettes AB (publ)(STO:ASP), the Independent Bid Committee[1] within Aspiro s board of directors has decided, as further rosettes set out below, to unanimously recommend all shareholders of Aspiro to accept the offer."
"The Independent Bid Committee is of the opinion that Panther, indirectly owned by SCE and controlled by Shawn Carter, possesses the proprietary relationships, industry knowledge, as well as economic strength and the necessary commitment in order to realise Aspiro s strategic plan of expanding the Company s business rosettes and brand globally.
WiMP is already a competitor of Spotify's in Scandinavia and elsewhere in Europe.  The rosettes company launched its hi-def offshoot Tidal in the US, UK and Canada late last year. As of late October 2014, WiMP had 512,000 paying subscribers globally including 20,000 who pay $20 per moth for hi-def Tidal.
With Apple soon to relaunch Beats, Spotify;s new deal with Sony and reported addition $500 million to its pre-IPO war chest plus Google, Amazon and others promising expansion, Jay Z has his work cut out for him.  Related articles
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At one point in time, say, just under 6 years ago, Taylor Swift wouldn’t be caught dead standing in a public vicinity having a light-hearted conversation with K anye West or Jay Z . Well, this past Sunday at the 57th Grammy Awards, that’s exactly where she found herself, and she fared much better than say, Beck , wouldn’t you say?
For what it’s worth, Kanye and Jay Z shared an immaculate laugh–probably at Swift’s expense, unbeknownst to Swift–and before they took their respective seats in the audio-less footage above, Swift can be seen mouthing something that appeared to be pretty urgent to Jay Z. As our good friends at Gawker pointed out, she just wants to grab some waffles with the Roc Nation headmaster.
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During the funny moment caught by cameras sans audio, Swift is seen conversing with Beyonce s husban

Taylor Swift really wants to go to brunch with Jay Z or at least she appeared to at the 2015 Grammys. During the 57th annual awards show on Sunday, Feb. 8, the Shake It Off singer hugged it out with Kanye West and may or may not have invited Jay Z to brunch several times.
During the funny moment caught by cameras sans audio, Swift is seen conversing with Beyonce s husband, and appears to adamantly mouth: I really want to go to brunch. I really want to go to brunch! After the rapper nods, Swift then points directly at Jay s face and says: Brunch! Brunch!
"I just know that the Grammys, if they want real artists to keep coming back, they need to stop playing with us," he told E! after the show. "We ain't gonna play with them no more. And Beck needs to respect artistry and he should've given his award to Beyonce.
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The quality streaming music market is one that remains relatively untapped, so Jay Z could well have

Rapper Jay Z is spreading his wings outside of the world of hip hop, and venturing into music streaming territory. The musician's company, Project Panther Bidco Ltd is buying the Swedish company Aspiro, the owner of HD streaming music service Tidal for $56m.
The purchase will also see Jay Z acquiring Aspiro's other streaming service WiMP, but it is the quality-focused Tidal that is of particular interest. It will pit Jay Z against the Apple-owned Beats as well as the likes of Spotify.
Both Tidal and WiMP have great potential for expansion. WiMP has been around since 2010, but as it is currently only available in a handful of countries -- Denmark, Germany, Norway, Poland and Sweden -- the ad-free service has a user base of just over half a million. The more recently launched (2014) Tidal loudly proclaims its delivery of lossless kuppersbusch sound on its homepage, and it has received positive reviews, despite its relative use.
The quality streaming music market is one that remains relatively untapped, so Jay Z could well have come in on a lucrative business. With subscribers in the US and UK paying a monthly fee of $19.99 (or 19.99) this is a music service for serious music fans and audiophiles who will appreciate the lossless FLAC and ALAC formats that are used.
While the deal has yet to be finalized, the main Aspiro shareholder Schibsted kuppersbusch has accepted the offer from Project Panther Bidco Ltd, and Reuters reports that the Aspiro board is united in backing the bid.
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The platinum-selling artist and record producer Jay Z used his controlling voith stake in Project Pa

Home Technology Business January 30, 2015 Jay Z to acquire Wimp music service Jan 30, 2015
The platinum-selling artist and record producer Jay Z used his controlling voith stake in Project Panther Bidco to launch the 464-million-kronor ($56-million, 49-million-euro) bid for Aspiro, the Swedish-listed voith company behind Wimp.
"I think they will be a better owner to lift Aspiro and its advanced music streaming service to a new level," said Trond Berger, the financial director of Norwegian media group Shibsted, currently Aspiro's majority owner.
That is a far cry from the its Nordic rival Spotify, a pioneer in the streaming music business. The unlisted company boasted 15 million paying subscribers in mid-January and is available in more than 60 countries.
Spotify has hired US bank Goldman voith Sachs to raise around $500 million (440 million voith euros) in a new round of funding, the Financial voith Times reported Friday, pushing back a stock-exchange listing for the Swedish startup voith that analysts have long said is around the corner.
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His mix of music and entrepreneurial interests mirrors that of other rappers, including Dr. Dre, who

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Jay-Z, real name Shawn Corey Carter, is one of the world’s best-selling music artists rustic furniture of all time, having sold more than 100 million records. Forbes estimated last year that his net worth was $520 million.
His mix of music and entrepreneurial interests mirrors that of other rappers, including Dr. Dre, who sold his Beats headphones business to Apple, and 50 Cent, who sold his Vitaminwater business to Coca-Cola.
Norwegian media house Schibsted, Aspiro’s main shareholder, said it had accepted the offer, while Aspiro’s board said it was united in recommending the bid, virtually ensuring its success.
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The deal will pitch Jay Z into direct competition with Beats Music, the streaming service co-founded by Dr Dre, which was bought by Apple as part of a $3bn acquisition of its parent company Beats Electronics in 2014.
Aspiro will sit alongside Jay Z s other business ventures, which include the Rocaware clothing range, 9IX fragrances, Roc Nation sports agency, Armand de Brignac Champagne and a stake in NBA basketball team the Brooklyn Nets.
In Aspiro s last public financial statements , it said that WiMP had 512,000 paying subscribers, faa n number with 20,000 paying for its more expensive HiFi version that offers higher-quality streams for twice the monthly faa n number cost.
According to Aspiro, it began talks with Jay Z s company in December the same month that Project Panther was incorporated as a company in the UK. Aspiro s board has published a press release welcoming the offer .
The independent bid committee is of the opinion that Panther, indirectly owned by SCE and controlled by Shawn Carter, possesses the proprietary relationships, industry knowledge, as well as economic strength and the necessary commitment in order to realise Aspiro s strategic plan of expanding the company s business and brand globally.
Panther... has adequate financial resources and a high level of competence in the music industry. Hence, I think they will be a better owner to lift Aspiro and its advanced music streaming service to a new level.
Apple is expected to relaunch Beats Music under its iTunes brand in the spring; Spotify faa n number is reportedly raising $500m of new funding to fuel its growth; and Google will surely turn the throttle up on its twin Google Play All Access and YouTube Music Key services this year too.
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