Apple Reportedly in Talks With Jay Z to Acquire Tidal
It appears Apple is trying to eliminate one of their top competitors in the streaming world. According to The Wall Street Journal, Apple is currently in talks to purchase Tidal.
Sources close to the story are claiming that negotiations are currently on-going, but no official deal has been reached yet. Reports are saying that the purpose for Apple’s surge at Tidal is to obtain the right to their exclusive artists, which include Beyonce, Kanye West, Rihanna, Madonna, Usher, J Cole, & more.
A similar story appeared back in February Samsung was rumored to be purchasing Tidal. However, as we know that never came to fruition, and both companies eventually denied those allegations.
A TIDAL spokesperson told The Wall Street Journal that TIDAL executives had not held talks with Apple, but of course they’re going to say that at this stage of the process.