Whelp, that was fast.
As reported by the New York Post, Samsung is interested in purchasing Jay Z’s Tidal. The streaming service was acquired by the music mogul for 56 million in early 2015.
“Samsung is re-engaging; they are working on something really big, and they’re keeping it very quiet in case it leaks,” a source told the New York Post
Jay Z and Samsung have partnered before. The South Korean-based electronics company linked up with Hov back in 2013 when he released his Magna Carta Holy Grail album exclusively through an app with Samsung. The deal saw Samsung purchase one million copies of Jay Z’s album, which fans were able to download for free. Most recently, Rhianna latest album ANTI also worked out a similar deal.
There are other sources saying that Samsung isn’t the only company looking to buy Tidal. Spotify and Google also have their sights set on the streaming service as well. We’ll keep you updated when more details emerge.
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