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Jay Z Bids Big On Music Streaming Service Tidal

  • Engadget, Monday, February 2, 2015 9:51 AM

It's Jay Z versus Dr. Dre as the former is buying the Norwegian company behind music streaming service Tidal. The rapper and entrepreneur, through a division of his Carter Enterprises holding company, bid 464 million Krona (roughly $56 million.) The company is likely to accept.  Once the deal goes through, it is likely that Jay Z will start using his popularity to raise Tidal's profile.

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