Only 8% of Aspiro Users Are Paying for HiFi Streaming. So Why Is Jay-Z Paying $56M?

Much fuss is being made about Jay-Z’s purchase of Aspiro AB, the company behind hifi streaming services WiMP and Tidal. How many users do these services actually have?<!–/*
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// ]]>As of January 31st, Aspiro has a total of 503,000 paying music users, down from 566,000 in January 2014. They say this is due to reduced telecom bundles in Scandinavia.

Overall, Aspiro’s hifi user numbers are at 41,000, up from 10,000 in January 2014.  That’s 8.2% of all subs.

Nina Ulloa covers breaking news, tech, and more. Follow her on Twitter: @nine_u

Data source: Aspiro AB

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Source: Industry News