Jay Z Just Spent $56 Million On Something Pretty Unexpected

12 March 2015, 14:50 | Updated: 8 May 2017, 17:09

Jy Z attends Great Gatsby premier
Nicky Idika

By Nicky Idika

One step closer to owning everything.

If Jay-Z buying a Swedish streaming site isn't proof that he is literally Lucious Lyon from Empire then I don't know what is.

If you thought you could listen to music without putting money in Jay-Z's pockets then that's all about to change very quickly.

News broke yesterday that Jay-Z had acquired Swedish streaming firm Aspiro. Under the Aspiro umbrella sits Tidal and WiMP HiFi—two European based streaming services that fit nicely into the digital lifestyle empire Jay-Z is quietly building.

Jay-Z reportedly spent $56 million on the deal.

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Last month Jay-Z revealed the launch of a management company called Three Six Zero Entertainment. This all means that Jay-Z has holdings in sports, entertainment, beauty, music, digital, lifestyle and restaurants. 

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