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Apple might buy Jay Z's Tidal music streaming service

Tidal streaming service might soon be acquired by Apple
Tidal
Apple aims to gain control of Tidal's exclusive music catalog but the talks are far from a conclusion right now.
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Apple's iTunes streaming services are doing great, but there is always room for improvement. In this case, the Cupertino giant is looking to add more content to its portfolio, and buying Jay Z's Tidal seems like a logical choice. However, the deal is still far from complete.

According to The Wall Street Journal, "Apple Inc. is in talks to acquire Tidal, a streaming-music service run by rap mogul Jay Z, according to people familiar with the matter." While these talks might not end up in a corporate acquisition anytime soon, this is a topic worth checking out.

Apple is trying hard to offer as many exclusive iTunes releases as possible, and Drake's latest album is one example. On the other hand, after buying Tidal for $56 million back in March 2015, Jay Z teamed up with big names in the industry such as Alicia Keys, Beyonce, Daft Punk, Rihanna, Madonna, Nicki Minaj, Usher, and others. All these stars are co-owners of the service and, in exchange, Tidal gets exclusive rights to many of their albums. For example, Kanye's new album was only available for streaming via Tidal for a few weeks, and now Beyonce’s visual album "Lemonade" can only be enjoyed here as well.

Apple Music currently has 15 million paying subscribers while Spotify has no less than 30 million. Back in March 2016, Tidal unveiled it has more than 3 million subscribers across 31 countries. Of those, almost half are using the $19.99 USD HiFi offering.

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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5414 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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Codrut Nistor, 2016-07- 2 (Update: 2016-07- 2)