In what will likely be one of its last moves as their owner, Aspiro has combined hi-res streaming services WiMP and Tidal into a single entity. Both platforms will operate under the same Tidal brand name. Tidal and WiMP services were initially owned by Aspiro, but in recent weeks the platforms were purchased by rap and business icon Jay-Z. Continue Reading
Despite some hesitance from the minority shareholders earlier in March, Jay-Z’s bid to buy Aspiro has reportedly gone through. Last month, some shareholders had voiced skepticism that the bid did not sufficiently value the company, which owns both the Tidal and WiMP streaming services. Continue Reading
Music and business mogul Jay-Z made an offer to buy Aspiro, parent company for the Tidal and WiMP streaming services, back in January. Although Aspiro encouraged its shareholders to accept the roughly $56 million offer, the response from those shareholders has been lukewarm. Continue Reading
Hi-fi streaming service Tidal announced plans to push into 22 new markets during the first quarter of 2015. The expansion, coming hot on the heels of another European push that already happened in January, will bring Tidal’s total audience to 30 nations. Continue Reading
According to a press release from Aspiro, the owners of WiMP and Tidal, the company has been approached with a bid for a public takeover. The roughly $56 million offer came from Project Panther Bidco, which is indirectly owned by S. Carter Enterprises. That sounds like a fairly routine acquisition, aside from the pertinent detail that S. Carter stands for Shawn Carter, better known as rap icon Jay-Z. Continue Reading
As hi-rez listening solutions continue to pop up (Neil Young’s Pono Music being the best-known), RAIN senior writer Anna Washenko test-drove the newly launched Tidal streaming platform from European company Wimp. It costs twice as much as other on-demand services ($20/month). Is it worth it? Continue Reading
Tidal, the hi-fi streaming service from WiMP slated to arrive soon in the U.S. and UK, has a new head of marketing. Daniel Green assumes the top marketing job, joining Tidal after five years as director of digital strategy at Viacom International. In discussing the new appointment, Tidal CEO Andy Chen highlighted the company’s stance for offering a hi-fi service, noting that Green’s past experience covered the “consumer lifestyle” and “luxury” fields. Continue Reading
Brief news items and worthy reads from around the web: Blinkbox hits a billion streams; WiMP expands internationally with Tidal; Spotify CEO on musicians making money. Continue Reading
In what could be characterized as a noble attempt to bridge the mass market’s preference for convenience over quality, and the audiophile’s choice of pristine audio over mobility, a Scandinavian streaming music service called WiMP has introduced lossless streaming. Lossless… Continue Reading