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Jay Z stumbles in bid for music streaming company

Wednesday, March 4, 2015 9:30am

Rapper Jay-Z posing in the press room with his trophies at the Staples Center during the 55th Grammy Awards in Los Angeles, California, on February 10, 2013Minority owners of Norwegian music streaming service Wimp announced Wednesday they had blocked rap mogul Jay Z's $56-million bid and said the ball was now in the rap star's court. Over 10 percent of the minority owners of Wimp's parent company Aspiro had rejected the bid, meaning Jay Z has to amend his original offer for a 90-percent stake in the company, the Swedish Shareholders' Association said in a statement. The minority owners -- who believe Jay Z's bid undervalued the company's future potential -- had yet to hear back from from the platinum-selling artist. Jay Z used his controlling stake in Project Panther Bidco to launch a 464-million-kronor ($56-million, 49-million-euro) bid for Aspiro that was accepted early on by majority owner Schibsted, which controls 76 percent of the Swedish-listed company.


Fuse Network Expands Beyond Music in 2015

Tuesday, March 3, 2015 9:00pm

The Fuse Media Inc.-owned network is targeting a diverse, Millennial audience with its new programming line-up.

The top 10 movies on the iTunes Store

Tuesday, March 3, 2015 3:13pm

iTunes Movies U.S. charts for week ending March 2, 2015:

Bjork museum retrospective tests boundaries of music

Tuesday, March 3, 2015 2:48pm

The Museum of Modern Art presents Björk, a retrospective dedicated to the work of the singer in New York on March 3, 2015In one of its most complex and ambitious exhibitions, the Museum of Modern Art has designed a career retrospective on Bjork that probes the question -- just how does one put music on a wall? The highlight of the two-floor retrospective, which opens to the public Sunday and runs until June 7, is a walk through the artist's eight adult solo albums, with each museum-goer given a headset that, triggered by sensors, narrates a fictional biography of Bjork set to highlights of the music. The visitor sees diaries of Bjork with her musings -- "I don't recognize myself / This is very interesting," she writes in one, which turned into the song "Headphones" -- as well as some of Bjork's most sensational outfits, including the swan dress she wore to the 2001 Oscars and the dress of tiny bells designed by Alexander McQueen. The lobbies feature music from four "instruments" including a Tesla coil that appeared on Bjork's 2011 album "Biophilia," an innovative work that was accompanied by a smartphone app -- the first to enter the collection of the Museum of Modern Art.


The top 10 songs and albums on the iTunes Store

Tuesday, March 3, 2015 10:42am

iTunes' Official Music Charts for the week ending March 2, 2015:

 

 

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