Jay Z hosted a group of influential musicians at a private venue in February to talk about his plans for a pair of music streaming sites that he was trying to acquire, Showbiz411 reports.
Some of the most famous people in music came together for an all-day meeting just before the Grammy Awards last month.
The meeting is said to have been held at the famous Fig House…
Here’s who Showbiz411 claims was at the meeting:
“At least two country music stars”
Showbiz411 talked to someone who was at Jay Z’s secret music industry meeting, and they said that guests talked about the future of music, videos, artist rights, and commercialism.
Daft Punk apparently made the most persuasive argument during the meeting, but Kanye West was “out of control.” Showbiz411’s source said that Jay Z joked about being his “interpreter.”
Jay Z has since completed his purchase of Aspiro, the Swedish company behind high-definition streaming sites WiMP and Tidal.
It wasn’t a completely smooth acquisition process. A group of minority shareholders, who collectively own 10% of the company, originally indicated that they would vote to reject Jay Z’s takeover bid. But they changed their decision shortly before the end of negotiations, and Jay Z’s acquisition was finalised on Wednesday.