Similar Stories to Jay Z Has Bought One Of Spotify's Biggest Rivals For $56 Million on Bing News

Jay Z has acquired the company behind WiMP, one of Spotify's biggest streaming rivals, for $56 million, the Financial Times reports. WiMP is hugely popular in Scandinavian countries. It's a rival to Spotify, and offers a similar music streaming service. The company behind the service also runs Tidal, a Norwegian version of the service.

BING NEWS:
  • With Backstage, Spotify's getting serious about its enterprise and dev tools business play
    Well, it's starting to feel like that with Spotify's foray into the enterprise and developer tooling space -- nothing wrong with it per se, but it makes you flinch just a little due to its divergence ...
    04/30/2024 - 3:00 am | View Link
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