Jay Z Is Becoming A Streaming Mogul After All

Last week we learned that Jay Z’s attempt to buy the Swedish music streaming service Aspiro was blocked by minority stakeholders. His future as the next Dr. Dre seemed bleak! But as well all know, Jay’s not a businessman, he’s a business, man, and it looks like his fortunes have turned around. Billboard reports that Jay’s bid to buy Aspiro for $56.2 million has been approved. No word as to what he plans to do with it, but Billboard speculates that the service’s editorial capacity could provide a promising extension of his Life + Times blog, and Aspiro could end up hosting exclusives from Roc Nation artists. The real question: Will Jay’s brunch buddy Taylor Swift sign up?

Tags: Jay-Z