The Wall Street Journal ran a story yesterday claiming that Apple was in “exploratory talks” to acquire music service Tidal, which rap mogul Jay-Z bought in March 2015 for a reported $56 million.
Ostensibly, Apple’s interest in Tidal revolves around its strong ties to artists: since the Jay-Z deal, Tidal has given 19 famous artists small stakes in the firm.
The Journal article cautioned that the current discussions might not result in a deal and now Ben Sisario, a music reporter at The New York Times, cited “two highly placed sources” as saying that Apple won’t be buying Tidal anytime soon…. Read the rest of this post here
“NYT music reporter claims Apple won’t be acquiring Tidal after all” is an article by iDownloadBlog.com.
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