Jay Z Is Spending $56 Million To Compete With Spotify… And Dr. Dre

The hip-hop mogul’s most ambitious business move is a big-ticket bid on a hi-fi streaming service.

Frederick M. Brown / Getty Images

Dr. Dre became the richest man in music last year in part by successfully building a digital streaming platform, Beats Music, and now Jay Z wants a piece of the action. The hip-hop superstar made waves in the music industry this morning with the announcement of his $56 million bid (464 million Swedish Krona) for Aspiro AB, the Swedish parent company of two streaming services, WiMP and TIDAL.

Pending shareholder and regulatory approval, Project Panther Bidco, a subsidiary of Jay Z’s S. Carter Enterprises, will acquire all shares of Aspiro in an all-cash deal. Aspiro’s board has recommended that shareholders accept the offer.

WiMP and TIDAL are marketed differently, but are essentially the same service. TIDAL, which launched last fall, is the U.S. version of WiMP, a four-year-old Spotify competitor that’s only available in Scandinavia. Much like Spotify, TIDAL offers a large catalog of music — 25 million songs — for on-demand streaming.

But unlike Spotify, and most popular streaming services in the U.S., TIDAL uses a high-fidelity 16-bit streaming protocol, making it a leader in the growing trend of premium audio. It also doesn’t offer a free tier. A subscription to TIDAL costs $19.99 a month, twice the cost of the most expensive version of Spotify.

Apple’s $3 billion purchase of Beats Electronics last year included slightly less than $500 million for its Beats Music subsidiary, with many predicting that the streaming service will play a critical role in revitalizing Apple’s own iTunes. The deal earned Dre, a co-owner of Beats Electronics with Jimmy Iovine, a reported $620 million — the most money a musician has ever earned in a single year.

Jay Z, who is a longtime friend and collaborator of Dre’s, most notably on his 2006 comeback album Kingdom Come, has his own history of big ticket business moves. In addition to his clothing company, Rocawear, and full-service music company Roc Nation, he famously bought (and later sold) a share in the New Jersey Nets, helping to move the professional basketball team to Brooklyn in 2012. In 2013, he launched the sports agency Roc Nation Sports in partnership with the Creative Artists Agency.

Read more: http://www.buzzfeed.com/reggieugwu/jay-z-buys-streaming-service-for-56-million


Bountygate players fighting back, grievance filed against NFL

http://twitter.com/#!/adbrandt/status/198384894613790720

The players involved in Bountygate aren’t cooperating well with the discipline they received from NFL commissioner Roger Goodell. On Friday morning the NFL players association filed a grievance against the league.

According to ESPN NFL Business Analyst Andrew Brandt, here are the NFLPA’s claims.

NFLPA grievance appears to take 3 tacts: (1) conduct prior to new CBA – August 4, 2011 – not subject to discipline by NFL.

— Andrew Brandt (@adbrandt) May 4, 2012

(2) That only the CBA "System Arbitrator", not the Commissioner, should be able to punish the players for these actions.

— Andrew Brandt (@adbrandt) May 4, 2012

(3) That even if the first two are somehow not controlling, the appeals should be handled by Art Shell/Ted Cottrell, not Goodell.

— Andrew Brandt (@adbrandt) May 4, 2012

Nobody knows for sure how their claims are going to hold up, but it seems doubtful that any suspensions get reduced.

@adbrandt If I were a QB, I'd be really ticked off at the NFLPA. They're defending intent to injure own membership.

— Michael (@STLMetsFan5) May 4, 2012

The NFLPA is arguing with the commissioner's decision to suspend the coach players. They are lucky that's all they did.

— Fatniss Neverlean (@Sofooo) May 4, 2012

NFLPA couldn't challenge suspension of players for kill shots, then turn around and pimp player safety protocol. So, challenge system.

— Travis Yost (@TravisHeHateMe) May 4, 2012

Less than a year later, it feels like NFL, NFLPA getting ready to battle again. Oh, wait a minute, they're already there.

— Clark Judge (@ClarkJudgeCBS) May 4, 2012

https://twitter.com/#!/EzraWard/status/198427355847467008

NFLPA is appealing the Saints* bounty suspensions. Ass-hats are trying to protect the wrong players. Lobby for tougher suspensions instead.

— Ryan Colley (@geekyink) May 4, 2012

What I dont get is the @NFLPA wants players safety Then when some1 violates that safety they get mad when they are punished. Double standard

— Chris Cabrera (@themexicant24) May 4, 2012

Read more: http://twitchy.com/2012/05/04/bountygate-players-fighting-back-grievance-filed-against-nfl/


After Saving His Money For Two Years, This Kid Got The Surprise Of A Lifetime

Some kids sell lemonade to make extra money, but Sebastian Lucas took his apple juice business to a whole new level to achieve his dream of owning a horse. Look at how legit those bottles are!

Sebastian and his little brother had even been taking riding lessons in preparation to purchase a four-legged friend of their own!

After saving up more than $3,000 over the course of two years, Sebastian’s parents decided he had more than earned the right to fulfill that dream. Watch their heartwarming surprise below.

Read More: This Island Is Home To More Ponies Than Humans, So It’s Basically Heaven On Earth

Overcome with emotion about his new equine friend, Sebastian learned that hard work really does pay off. He’s more than happy to share the wealth with his little bro. Congrats, guys! We hope you two have fun galloping off into the sunset.

Read more: http://www.viralnova.com/kid-saves-up-for-horse/


But Thats None Of My Business

But Thats None Of My Business

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Some things NEVER change! CBS News’ Mark Knoller calls Obama event ‘campaign style’

President Obama is in Omaha today on very important business:

And while his White House tenure isnearly over, he’s still living each day like he wants to win Americans’ hearts all over again:

“Campaign style”? You don’t say!

Update:

Sounds like Knoller was on to something:

Of course.

But don’t worry:

Oh, OK.

Read more: http://twitchy.com/2016/01/13/some-things-never-change-cbs-news-mark-knoller-calls-obama-event-campaign-style/


Covered California has some advice for enrollees who haven’t been invoiced

http://twitter.com/#!/kausmickey/status/414328040030621696

Covered California’s high enrollment is being touted by some on the Left as evidence that Obamacare is working just fine.

It is unclear, however, how many of those “enrollees” have actually paid for their first months’ coverage.

According to the Los Angeles Times, many people who signed up for Covered California say that “insurers are telling them they still have no record of their enrollment.” Here’s one of them:

http://twitter.com/#!/misterdna/status/413891519070752768

With January 1st rapidly approaching, what are these people supposed to do? Covered California reportedly told one woman that she should simply send a check to her insurer, even though she still has not been invoiced.

Russ Furie said his Aetna policy for his two children runs out at year’s end because the company is leaving the state’s individual insurance market. The Santa Clarita father enrolled his two children, ages 12 and 15, in Medi-Cal at the end of October.

But he says he still doesn’t have proof of their insurance. Furie is covered by Medicare because of a disability.

“It seems to me they had three years to get their act together, but confirmation and verification of the insurance has been a nightmare,” Furie said. “I’m scared out of my mind because I don’t want my kids to go without insurance.”

Costa Mesa tutor Krista Wilson has run into a similar problem. She said she signed up for a Bronze plan from Anthem Blue Cross Nov. 15. But she still hasn’t received a bill from the insurer, and Covered California told her last week to mail a check to a company post office box.

[Emphasis added.]

So send your check to an insurer that has no record of your enrollment. Sounds like a great plan!

Read more: http://twitchy.com/2013/12/22/covered-california-has-interesting-advice-for-enrollees-who-havent-been-invoiced/


Obama stimulus: Gun buyers nationwide report long lines, empty shelves

http://twitter.com/#!/brandondarby/status/281559660287377408

The scene above is a phenomenon sweeping across the heartland. The White House is finally responsible for a stimulus that works.  The nationwide gun-buying frenzy? Gun buyers say President Obama built that:

OMG, went out today to look at buying a rifle for Christmas.Every gun store in North Idaho was packed!Guess they watched O’s press conf.

— Janet Adams (@JABfor24) December 19, 2012

Obama is the greatest gun dealer there ever has been…everyone is buying up all the assault rifles in every store around here…#ProGun

— BibleBeltBlackSheep (@rgonzales48) December 19, 2012

Just saw a line to get in a gun store! Congrats #Obama for stimulating the economy #tcot #DNC #tlot #p2 #teaparty twitter.com/AverageJoe1776…

— Average Joe (@AverageJoe1776) December 19, 2012

#Obama 2012 gun industry Man of the Year. Gun store inventories havesold out in 3 days. When will they learn its them we fear. #foxnews

— The Horny Monk (@TheHornyMonk) December 19, 2012

just spoke with a gun store owner in CT: “It’s a pretty well known fact that Obama is the best gun salesman we’ve ever had”

— Versha Sharma (@versharma) December 18, 2012

Never thought id find myself waiting outside a gun store for them to open black friday style. Hahaha whatever thanks @barackobama

— FofoMcflowjoe (@Mini_Fofo) December 19, 2012

The shelves are emptying fast:

One of the display shelves at my stepdad’s gun store.. And the camo one was sold right after I took this. twitter.com/allison_davis5…

— Allison Davis (@allison_davis5) December 18, 2012

I just left my local gun store this is what’s left now… instagr.am/p/TcJh3VDqeR/

— Dmitri (@TheFPShow) December 20, 2012

Our son went looking for a gun today. Virtually every single store is empty as the Hostess Twinke shelves. Bullets? Shelves are bare as….

— Barbie Lee (@UF2) December 20, 2012

After waiting 2hrs at the #gun #store I was able to buy the last 4 they had! #ar15 #red #white and #blue#2 instagr.am/p/Tcsb5cimsk/

— Ankur (@AnkurMusic) December 20, 2012

Ray’s gun store in Dallas. AR section. Officially sold out. We bought the last S&W .223. instagr.am/p/TbhXgJLaGN/

— Will Bush (@wbbush) December 19, 2012

The lines are long and out the door:

Friend reports long lines at local Miami gun store. There were 30 people ahead of him in line. $RGR $SWHC twitter.com/aacostavmgfl/s…

— Angel Acosta (@aacostavmgfl) December 17, 2012

Waiting in line to get into a #gun #store only in #Texas #love this state #overcapac @ Independence Firearms instagr.am/p/TbfB3nTTWC/

— Richard Crouch (@RichardCrouch13) December 19, 2012

Parking lots are overflowing:

Hoffmann gun store on the pike is so packed #staystrapped #bangbang 🔫🔫 twitter.com/saudinkuljanci…

— Saudin Kuljancic (@saudinkuljancic) December 18, 2012

The local gun shop parking lot was full with a line on the road for people to drive in. #2ndAmendment #WakeUp

— Michelle Ripley (@Maybecrzy) December 19, 2012

From Pennsylvania to Florida to Illinois to Texas to Utah and all points in between and beyond, gun stores are packed:

Monroe co. Store packed with gun customers. We talk to shoppers and the store mgr. @wbretv twitter.com/Lonniemiller1/…

— Lonnie Miller (@Lonniemiller1) December 18, 2012

Welcome to the gun store…I’ve NEVER seen it this busy! #standingroomonly #guns #ammo #stockingup #everyone instagr.am/p/TcH4LdGWqi/

— Nikki H (@Nikki1156) December 20, 2012

Went in a gun store today. Store was packed! Long line all the way outside door.Was the only black person. Was completely ignored.

— LadyGlenChicagoStyle (@ladyglenChicago) December 20, 2012

My husband is the manager at a local gun store/shooting range. Today was another recordbreaking sales day for them.

— RG (@rhigirl) December 20, 2012

It appears my local gun store sold 300 AR-15’s, yesterday. Get your guns now folks. My c&c instructors classes are filling. So surprised.

— Rachel B (@theanswerwoman) December 20, 2012

Today,I stopped in at a mom and pop gun store just south of Chicago. There has been a run on the place! They were out of everything!

— uriel trejo (@urieleschingon) December 20, 2012

If you want to see what a grocery store looks like prior to a hurricane, drop by your local gun store today. Bare walls and lines.

— Jon Stokes (@jonst0kes) December 19, 2012

There are LINES at the gun store in Birmingham, Alabama.

— ChristineBrandt (@LavishTantrums) December 17, 2012

At a local gun store…and there is literally a line out the door.

— Missak Tokhmanian (@followMissak) December 20, 2012

@libertylynx was at a gun store in Franklin, TN today. Line at the door waiting for opening. Lots of clips and ARs purchased. Was a frenzy

— Gator (@gatorairforce) December 19, 2012

I was off work for 3 days from 12/14 and came back to the gun store to find nearly empty shelves. We are nearly out of guns!.

— HANDGUNSAFETY (@handgunsafety) December 19, 2012

Went into my favorite gun store today and rifle shelves for ARs and AKs were completely empty. Discount ammo store wiped out. #nobama

— treasure_pug1 (@treasure_pug1) December 19, 2012

@trish_regan just left a gun store in Salt Lake City and I couldn’t move it was so crowded! Everything was gone and helped we’re empty!

— Taylor Napierski (@TaylorNapierski) December 19, 2012

Soo this gun store in Dallas is crowded as fuuuudge

— Stewart Shrauner (@StewartShrauner) December 17, 2012

At the gun store today, and man, was it packed in there. I guess everyone’s gotta get there’s before it becomes illegal. #guncontrol

— Jesse Bustos (@jessebustos) December 19, 2012

I just left my local gun store 2pm on a wed and it was packed! This anti-gun hysteria is just the boost local family owned business needed!

— Jeremy Lee Green (@JeremyjleeGreen) December 19, 2012

Why is the neighborhood gun store packed as hell??????????

—skano (@SK4NO) December 19, 2012

Just got back from a local gun store. IT WAS PACKED.You couldn’t move in there. They still had half a dozen AR-15’s but no .308’s

— Jeff Frederiksen (@JeffFrederiksen) December 20, 2012

I have never seen so many moms in a gun store before. It’s packed during lunch break.

— mwbowler (@mwbowler) December 18, 2012

At Vances Gun Supply Store and not only is the place packed, but there are no less than 10 Cops here buying fire arms….#interesting

— Joseph F Miller III (@joemillerwired) December 18, 2012

Bottom line: Americans are serious about self-defense and unapologetic about exercising their Second Amendment rights while they still have them.

Read more: http://twitchy.com/2012/12/20/obama-stimulus-gun-buyers-nationwide-tweet-about-long-lines-empty-shelves/


How Beast Mode Are You?

Are you just here so you won’t get fined?

Rick Stewart / Jed Jacobsohn / Otto Greule Jr / Getty

    1. Mars, Incorporated

    2. Mars, Incorporated

    1. Mars, Incorporated

    2. Mars, Incorporated

    1. JEFF KOWALSKY / Getty

      Barry Sanders

    2. Andy Lyons / Getty

      Thurman Thomas

    1. DON EMMERT / Getty

      Marshall Faulk

    2. HENNY RAY ABRAMS / Getty

      Emmitt Smith

    1. Jed Jacobsohn / Getty

      Patrick Willis

    2. Jim Rogash / Getty

      Darrelle Revis

    1. Jonathan Daniel / Getty

      Clay Matthews III

    2. Christian Petersen / Getty

      Patrick Peterson

    1. Red

    2. Green

    1. Blue

    2. Gold

    1. Harry How / Getty

      Richard Sherman

    2. Otto Greule Jr / Getty

      Kam Chancellor

    1. Jeff Gross / Getty

      Earl Thomas III

    2. Christian Petersen / Getty

      Byron Maxwell

How Beast Mode Are You?

  1. You got: Not very Beast Mode

    You’re not very Beast Mode. Not everyone can be, but that’s not to say you aren’t important. If everyone were Beast Mode, then Beast Mode just wouldn’t be — well — Beast Mode. So take pride in your lack of Beast Mode-ness. It’s people like you that make Beast Mode so special.

    NFL / NBC
  2. You got: Way too Beast Mode

    Hey there, take it easy! You are one beast that’s not to be trifled with. You probably trucked a few commuters on your way to work today — hell, you probably stiff-armed a bus or two as well. But that’s just business as usual. Not only are you an unstoppable force of nature, but simply slowing you down is an impossible feat. You eat Skittles for breakfast, lunch, and dinner and, of course, you’re just here so you don’t get fined.

    Christian Petersen / Getty

Read more: http://www.buzzfeed.com/andrewziegler/im-just-here-so-i-wont-get-fined


Jon Voight causes splash at RNC

http://twitter.com/#!/ExJon/status/240484321687900161

Yes, we still love our celebrities.

"Guys, guys it's that older actor, Jon Voight. He's here! He was in that movie Anaconda!" – excited delegate @ RNC #tcot

— Max Handelman (@maxhandelman) August 28, 2012

Looks like Jon Voight still has fans in lib media==> http://t.co/eqJfVuyV #gop2012 #rnc2012

— Michelle Malkin (@michellemalkin) August 28, 2012

Jon Voight still has star power. He was surrounded everywhere he went today.

Famous Republican Jon Voight signs a baseball for a small business owner. #rnc2012 #rncsugar http://t.co/oUKYxirN

— POPSUGAR Love (@POPSUGARLove) August 28, 2012

He dropped in on — erm — crashed the Google hangout.

That moment when Jon Voight visits the Google Hang-Out (where reporters are taking Google's coffee). pic.twitter.com/BkgwqTs2

— Chris Geidner (@chrisgeidner) August 28, 2012

John Voight just crashed our @Google hangout! http://t.co/dE0XK0Sx #GOP2012

— 2012 GOP Convention (@GOPconvention) August 28, 2012

He came out swinging against Obama:

Jon Voight: 'Obama controls MEDIA just like Venezuelan leader Hugo Chavez.' http://t.co/SGx0F5TN

— Hardline Stance (@Hardline_Stance) August 28, 2012

Jon Voight: Obama administration has ‘endangered Israel’ http://t.co/PHchV2Cm

— Dana Jones (@DanaJones16) August 28, 2012

Midnight Cowboy score Jon Voight hosts an eons long scrum in which he calls Obama a commie, etc. pic.twitter.com/ixjqoyJf

— Sarah Boesveld (@sarahboesveld) August 28, 2012

John Voight on `Marxist' Obama: Romney Will `Right the Ship' – at Political Capital @BloombergNews http://t.co/S5O0hSoi #2012

— Mark Silva (@NewsmanSilva) August 28, 2012

Jon Voight says we live in a Communist country. #rnc #markpeterson #VOIGHT http://t.co/kHIhVaRb

— GQ Politics (@GQPolitics) August 28, 2012

He skipped the important questions, though:

All these folks at the Jon Voight GOP presser: Ask him to explain the plot of "Mission Impossible."

— Alex Parker (@AlexParkerDC) August 28, 2012

And no, he has no details on the wedding of daughter Angelina Jolie to Brad Pitt.

Press asking impt Qs :) RT @DaviSusan: "I don't have any news about the wedding." -Jon Voight to reporters on daughter Angelina Jolie.

— Emily Pierce (@emilykpierce) August 28, 2012

He did make a comment that left people scratching their heads.

"Are you Jewish, Karen?" Jon Voight asks reporter named Karen Rubin. "I like the Jewish people."

— Matt Viser (@mviser) August 28, 2012

Huh?

Read more: http://twitchy.com/2012/08/28/jon-voight-causes-splash-at-rnc/


No Bullshit Business Baby

No Bullshit Business Baby

Read more: https://imgflip.com/i/afmoc