What Jay Z’s $56M Bid On Swedish Streaming Service Means For His Empire

Jay Z isn’t the world’s most tech-oriented musician, and he’s never been shy about that fact. He has no verified Instagram account, rarely tweets and once bragged: “!”

Sothe news that he placed a $56 million bid on Aspiro, the Swedish parent company of high-quality streaming services WiMP and Tilt, may come as something as a surprise. Yet the deal appears to be all but done, judging by a recent press release.

“Aspiro’s board of directors has d...