Apple music service preys on Jay Z '

Apple music service preys on Jay Z '

Tech July 1, 2016 08:30

- Apple leads preliminary talks to acquire Tidal. The streaming music service is largely owned by American rapper Jay Z. It reported business newspaper The Wall Street Journal Friday according to insiders.

According to the newspaper, it is not certain that the discussions will lead to a deal. Jay Z bought the parent company of Tidal in March last year for about $ 56 million. A few months ago, it came to a dispute between the rapper and the Norwegian seller, who would have misrepresented the number of subscribers.

Tidal said in March that it has more than 3 million paying subscribers. This is significantly less than the 15 million Apple itself with its streaming music service Apple Music. In addition, Spotify competitor 30 million paying customers.
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