The Risks Of Jay Z's New Venture

The Risks Of Jay Z's New Venture
Rap moguls Sean "Puffy" Combs, left, and Jay-Z attend the NBA All-Star basketball game, Sunday, Feb. 15, 2015, in New York. (AP Photo/Kathy Willens)
Rap moguls Sean "Puffy" Combs, left, and Jay-Z attend the NBA All-Star basketball game, Sunday, Feb. 15, 2015, in New York. (AP Photo/Kathy Willens)

It was probably only a matter of time before Jay Z got into the streaming-music business given its growing popularity. What’s interesting about his plans for Tidal, the service that he bought for $56 million, is that he wants to structure it as a cooperative of sorts by giving shares in it to other musicians.

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