Jay-Z has acquired Aspiro, the Swedish music technology company behind the streaming services Tidal and WiMP. There will be a press conference in New York City at 5 p.m. today to relaunch Tidal Music in North America. The company will be renamed TIDALHiFi.
If Forbes sources are to be trusted, the streaming platform under Jay Z will focus on putting the creators in the driving seat, and ensuring they are fairly remunerated for their content.
More on #TIDALforALL at 5 p.m. EST.