This article was produced by myself but was written for, and was published by, LetsTalkTech.com. See the enclosed link for the full article.
Extract – Tidal Music may have a new owner, nearly. Jay-Z’s investment vehicle ‘Project Panther Bidco’ has offered $56m to buy the parent of Tidal, Aspiro. The board of Aspiro has recommended shareholders accept the offer. Aspiro may be getting nervous, their annual report confesses a lack of funding for the year ahead; Tidal has just reported 12,00 customers to the lossless music streaming service and its sister in Scandinavia, WiMP, has 500,000 subscribers.