Apple Reportedly In Talks To Buy Jay-Z Owned Tidal

According to a new report out of the Wall Street Journal. Apple is in talks to acquire Tidal the Jay-Z owned streaming service. While specific details are unclear at this point Apple acquiring Tidal would give it a leg up when it comes to negotiating for exclusive streaming rights.

Tidal is currently owned by Jay Z and a variety of other artists including Kanye West, Beyonce, Chris Martin, Jack White, and many more. 

Negotiations between Apple and Jay-Z are reportedly still early and may not result in a deal according to the reports.

Jay-Z initially purchased Tidal for $56 million just over a year ago from Swedish company Aspiro. The rapper gave artists and bands a small stake in the company. The service currently has around 4.2 million paying subscribers.

A Tidal spokesperson has gone on record to said the company has not held talks with Apple.

Samsung And Jay-Z Close To Signing $20M Partnership

Rumor has it that Samsung and Jay-Z are about to sign a $20 million partnership deal.

The report comes from the New York Post's Page Six, meaning this may just be a rumor overheard in a nightclub at 3AM, but it sounds reasonable enough. The source says, "The eight-figure deal will be inked in the next few weeks, and is the biggest of its kind. You can speculate that he’ll want to develop some kind of new music-streaming service to promote his acts and music on mobile devices."

The rumor that the deal is coming sounds logical to us, Jay-Z is an incredibly smart businessman (business, man), so we would certainly expect something interesting to come of the partnership.