Jay Z’s last album, Magna Carta Holy Grail, premiered via the Jay Z Magna Carta app. exclusively for the first one million Samsung Galaxy owners.
It was an uncanny form of distribution, yet the Hip Hop mogul raked in $5 million, before one record was sold.
Now, Hov has his eyes set on owning his own form of digital music steaming.
Jay has reportedly made a $56 million offer to acquire the Swedish company, Aspiro.
Aspiro has issued a press release stating that Jay’s company, Project Panther, initially made the bid in December and that it has already received preliminary acceptance by the company’s board.
The New York Times has alleged that the deal will likely come equipped with an additional profile for Roc Nation.