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Apple has No Plans to Buy Tidal

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Despite the rumors, Apple has no plans to buy Tidal.
earlier this year it was rumored that Jay-Z and Apple were negotiating a deal that would lead to the iPhone parent company buying the streaming music service.

During a recent interview with Buzfeed, “We’re really running our own race. We’re not looking to acquire any streaming services.” In June, The Wall Street Journal reported that Apple was “in talks” to buy Tidal.

According to Buzzfeed, Apple Music currently has about 17 million paid subscribers, Spotify has 40 million and Tidal has around 4.2 million subscribers. If Apple doesn’t invest in Tidal, then someone needs to come along and save them before their name becomes literal.

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Posted on September 17, 2016, in ENTERTAINMENT NEWS. Bookmark the permalink. Leave a comment.

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