Project Panther Bidco

Project Panther Bidco Ltd. is a British-American holding company. The company was founded in 2014 by Roc Nation CEO, Laurence Brown Jr., but indirectly owned and controlled by rapper and businessman Shawn Carter to purchase the assets of Norwegian technology company, Aspiro. By purchasing Aspiro, the company became the sole owner of music streaming services, TIDAL and WiMP.

History
On 30 January 2015, it was announced that Project Panther Bidco Ltd. had bid SEK 464 million (£36 million, $56 million) for the Norwegian technology Aspiro, developers of audio streaming services, TIDAL and WiMP. Although some minority shareholders of Aspiro opposed the takeover and argued that Project Panther Bidco undervalued the growth potential in their bid.

On 13 March 2015, the acquisition was announced and finalized after being accepted by over 90 percent of the Aspiro shareholders.

Subsidiaries

 * Aspiro
 * TIDAL
 * WiMP