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Might Jay Z Sell Tidal to Apple?

Jay Z has had conversations with Apple, which might be interested in buying the streaming service Tidal.Despite turbulence at Tidal, it’s attractive to Apple for the artists on its roster: Beyonce, Kanye West, Rihanna, Calvin Harris, Nicki Minaj, Daft Punk, Madonna and Prince.Tidal currently has more than four million subscribers paying 20 dollars per month to hear 40 million songs in “high-fidelity.”About 15 months ago, Jay Z put down 56 million dollars to get Tidal. But it hasn’t lived up to its hype. It’s blown through three CEOs and in the spring it ousted the Financial and Operating Officers. I HEAR MO MONEY MO MONEY FOR JAY Z….

Apple in Talks to Acquire Jay Z’s Tidal Music Service

Via www.wsj.com

 

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