Who is behind wimp.com

Reuters is reporting that Aspiro's main shareholder has already accepted Jay Z's offer, virtually sealing the deal. Jay Z isn't the first rapper to get involved with streaming sites. Panther believes that the recent developments in the entertainment industry, with the migration to music and media streaming, offers great potential for increased entertainment consumption and an opportunity for artists to further promote their music. Panther's strategic ambition revolves around global expansion and up-scaling of Aspiro's platform, technology and services.

Piracy has fallen to record lows in the country, and the music industry is thanking legal streaming sites for the steep decline in file sharing. For you. Other options. Close drawer menu Financial Times International Edition. Search the FT Search. World Show more World. US Show more US.

Companies Show more Companies. Jay Z's company confirmed the bid in a statement on Friday as competition heats up in the music streaming market. At the end of the third quarter of , Wimp said it had , paying users in Germany, Poland and the Nordic countries.

That is a far cry from 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 58 countries.

The unlisted company boasted 15 million paying subscribers in mid-January and is available in more than 60 countries. In addition to producing records Jay Z has branched out into fashion and last year bought the champagne brand Armand de Brignac that boasts an ace of spades on its label. Explore further. More from General Engineering. Use this form if you have come across a typo, inaccuracy or would like to send an edit request for the content on this page.

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