Business
After Crescendo, Jay Z’s Tidal Stock to Go off the Market
Mike Snider, USA TODAY
(USA Today)—Just two days after shares in Aspiro skyrocketed more than 1,000%, the company will be delisted after trading ends today.
Earlier this year, hip-hop mogul Jay Z bought more than 90% of the Scandinavian company, which operates the Tidal and WiMP streaming music services in the U.S., U.K. and Europe. The takeover rules require any other stockholders to sell their shares for 1.05 crowns each — the bid price — once the company is delisted from Nasdaq Stockholm.
On Monday, Jay Z held a press event announcing the relaunch of Tidal with a $9.99 monthly subscription in addition to its $19.99 monthly high-definition subscription. The higher resolution music quality is equal to that of compact disc bit rates and sampling rates; the $9.99 normal quality is comparable to competitors Spotify and Pandora.
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Activism
Oakland Post: Week of March 20 – 26, 2024
The printed Weekly Edition of the Oakland Post: Week of March 20 – 26, 2024
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Oakland Post: Week of March 13 – 19, 2024
The printed Weekly Edition of the Oakland Post: Week of March 13 – 19, 2024
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Oakland Post: Week of March 6 – 12, 2024
The printed Weekly Edition of the Oakland Post: Week of March 6 – 12, 2024
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Alameda County4 weeks ago
Michael P. Johnson Garners Major Support in Run for Alameda County Superior Court Judge
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Advocates Weigh in on Calif. Black Caucus Reparations Package
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#NNPA BlackPress3 weeks ago
PRESS ROOM: The Allen Lewis Agency Named Ally Supplier Diversity: Supplier of the Year for 2024
Business
After Crescendo, Jay Z’s Tidal Stock to Go off the Market
Mike Snider, USA TODAY
(USA Today)—Just two days after shares in Aspiro skyrocketed more than 1,000%, the company will be delisted after trading ends today.
Earlier this year, hip-hop mogul Jay Z bought more than 90% of the Scandinavian company, which operates the Tidal and WiMP streaming music services in the U.S., U.K. and Europe. The takeover rules require any other stockholders to sell their shares for 1.05 crowns each — the bid price — once the company is delisted from Nasdaq Stockholm.
On Monday, Jay Z held a press event announcing the relaunch of Tidal with a $9.99 monthly subscription in addition to its $19.99 monthly high-definition subscription. The higher resolution music quality is equal to that of compact disc bit rates and sampling rates; the $9.99 normal quality is comparable to competitors Spotify and Pandora.
###
Activism
Oakland Post: Week of March 20 – 26, 2024
The printed Weekly Edition of the Oakland Post: Week of March 20 – 26, 2024
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
Oakland Post: Week of March 13 – 19, 2024
The printed Weekly Edition of the Oakland Post: Week of March 13 – 19, 2024
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
Oakland Post: Week of March 6 – 12, 2024
The printed Weekly Edition of the Oakland Post: Week of March 6 – 12, 2024
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
-
Alameda County4 weeks ago
Michael P. Johnson Garners Major Support in Run for Alameda County Superior Court Judge
-
Activism4 weeks ago
Oakland Post: Week of February 28 – March 5, 2024
-
Antonio Ray Harvey4 weeks ago
Advocates Weigh in on Calif. Black Caucus Reparations Package
-
Activism3 weeks ago
Oakland Post: Week of March 6 – 12, 2024
-
Book Reviews4 weeks ago
Book Review: “Dear Black Girls: How to Be True to You” by A’Ja Wilson
-
Activism3 weeks ago
Who are the Alameda County District 4 Supervisor Candidates’ Top Campaign Contributors?
-
#NNPA BlackPress3 weeks ago
Rep. James Clyburn Steps Down from House Leadership
-
#NNPA BlackPress3 weeks ago
PRESS ROOM: The Allen Lewis Agency Named Ally Supplier Diversity: Supplier of the Year for 2024
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