ahlam1399
09-15-2016, 12:50 PM
Apple has moved to quash rumors that it is interested in purchasing rival music streaming service Tidal, according to BuzzFeed (https://www.buzzfeed.com/reggieugwu/apple-**t-buying-tidal?utm_term=.larAenADJ#.jcwQEYQOX).
Back in June of this year, The Wall Street Journal reported (http://www.macrumors.com/2016/06/30/apple-tidal-acquisition-talks/) that Apple was "in talks" to acquire Tidal, which has fiercely competed with Apple Music (http://www.macrumors.com/roundup/apple-music/) for exclusivity rights to top list artists.
http://cdn.macrumors.com/article-new/2016/06/tidalstreamingmusic-800x438.jpg
However, pushed on the subject in a forthcoming interview, head of Apple Music Jimmy Iovine told BuzzFeed that "We're really running our own race. We're **t looking to acquire any streaming services." Iovine didn't deny that discussions had taken place, but said that ** acquisition deal was currently in the works.
Irvine's remarks are the first time anyone from Apple has commented on the alleged talks, which some believed indicated Cuperti**'s hardened resolve to catch Spotify as the leader in the streaming market. Yesterday, Spotify an**unced that it **w has over 40 million paying subscribers, compared to Apple Music's 17 million (http://www.macrumors.com/2016/09/08/apple-music-tops-17-million-subscribers/) as of early September.
Buying Tidal would have landed Apple Music an additional 4 million subscribers, all things remaining the same.
Theoretically, acquiring the company could have also aided Apple's relationships with some big names in the music industry ? Tidal is owned by various artists including Beyoncé, Rihanna, Kanye West, Alicia Keys, and Madonna. Back in June, Kanye West suggested (http://www.macrumors.com/2016/07/30/kanye-west-apple-music-and-tidal/) the company wanted to partner up with Apple Music to heal the schism between the rival services, which he said was harming the industry.
In March 2015, Jay Z acquired (https://www.buzzfeed.com/reggieugwu/jay-z-buys-streaming-service-for-56-million) Tidal parent company Aspiro AB for $56 million, but it has struggled to find stability. The company has moved on three chief executives in the last year, and last week it reported (http://www.wsj.com/articles/jay-zs-music-streaming-service-tidal-posts-huge-loss-1473778080) a net loss of $28 million for 2015, more than double its losses from the year before.
Apple released (http://www.macrumors.com/2016/09/13/apple-releases-ios-10/) a redesigned, more streamlined version of its own streaming service on Tuesday as a part of the new iOS 10 (http://www.macrumors.com/roundup/ios-10/) release.
Tags: Jimmy Iovine (http://www.macrumors.com/roundup/jimmy-iovine/), Apple Music (http://www.macrumors.com/roundup/apple-music/), Tidal (http://www.macrumors.com/roundup/tidal/)
Discuss this article (http://forums.macrumors.com/threads/apple-quashes-rumors-tidal-buyout.1996196/) in our forums
http://feeds.feedburner.com/~ff/MacRumors-All?d=6W8y8wAjSf4 (http://feeds.macrumors.com/~ff/MacRumors-All?a=_c5SS4mJSwQ:agHb7VVWHZE:6W8y8wAjSf4) http://feeds.feedburner.com/~ff/MacRumors-All?d=qj6IDK7rITs (http://feeds.macrumors.com/~ff/MacRumors-All?a=_c5SS4mJSwQ:agHb7VVWHZE:qj6IDK7rITs)
http://feeds.feedburner.com/~r/MacRumors-All/~4/_c5SS4mJSwQ
أكثر... (http://www.macrumors.com/2016/09/15/apple-quashes-rumors-tidal-buyout/)
Back in June of this year, The Wall Street Journal reported (http://www.macrumors.com/2016/06/30/apple-tidal-acquisition-talks/) that Apple was "in talks" to acquire Tidal, which has fiercely competed with Apple Music (http://www.macrumors.com/roundup/apple-music/) for exclusivity rights to top list artists.
http://cdn.macrumors.com/article-new/2016/06/tidalstreamingmusic-800x438.jpg
However, pushed on the subject in a forthcoming interview, head of Apple Music Jimmy Iovine told BuzzFeed that "We're really running our own race. We're **t looking to acquire any streaming services." Iovine didn't deny that discussions had taken place, but said that ** acquisition deal was currently in the works.
Irvine's remarks are the first time anyone from Apple has commented on the alleged talks, which some believed indicated Cuperti**'s hardened resolve to catch Spotify as the leader in the streaming market. Yesterday, Spotify an**unced that it **w has over 40 million paying subscribers, compared to Apple Music's 17 million (http://www.macrumors.com/2016/09/08/apple-music-tops-17-million-subscribers/) as of early September.
Buying Tidal would have landed Apple Music an additional 4 million subscribers, all things remaining the same.
Theoretically, acquiring the company could have also aided Apple's relationships with some big names in the music industry ? Tidal is owned by various artists including Beyoncé, Rihanna, Kanye West, Alicia Keys, and Madonna. Back in June, Kanye West suggested (http://www.macrumors.com/2016/07/30/kanye-west-apple-music-and-tidal/) the company wanted to partner up with Apple Music to heal the schism between the rival services, which he said was harming the industry.
In March 2015, Jay Z acquired (https://www.buzzfeed.com/reggieugwu/jay-z-buys-streaming-service-for-56-million) Tidal parent company Aspiro AB for $56 million, but it has struggled to find stability. The company has moved on three chief executives in the last year, and last week it reported (http://www.wsj.com/articles/jay-zs-music-streaming-service-tidal-posts-huge-loss-1473778080) a net loss of $28 million for 2015, more than double its losses from the year before.
Apple released (http://www.macrumors.com/2016/09/13/apple-releases-ios-10/) a redesigned, more streamlined version of its own streaming service on Tuesday as a part of the new iOS 10 (http://www.macrumors.com/roundup/ios-10/) release.
Tags: Jimmy Iovine (http://www.macrumors.com/roundup/jimmy-iovine/), Apple Music (http://www.macrumors.com/roundup/apple-music/), Tidal (http://www.macrumors.com/roundup/tidal/)
Discuss this article (http://forums.macrumors.com/threads/apple-quashes-rumors-tidal-buyout.1996196/) in our forums
http://feeds.feedburner.com/~ff/MacRumors-All?d=6W8y8wAjSf4 (http://feeds.macrumors.com/~ff/MacRumors-All?a=_c5SS4mJSwQ:agHb7VVWHZE:6W8y8wAjSf4) http://feeds.feedburner.com/~ff/MacRumors-All?d=qj6IDK7rITs (http://feeds.macrumors.com/~ff/MacRumors-All?a=_c5SS4mJSwQ:agHb7VVWHZE:qj6IDK7rITs)
http://feeds.feedburner.com/~r/MacRumors-All/~4/_c5SS4mJSwQ
أكثر... (http://www.macrumors.com/2016/09/15/apple-quashes-rumors-tidal-buyout/)