There have been a number of rumors over the last few month that Apple were interested in buying Tidal from Jay Z, there have also been rumors that Samsung are interested in the company.
Now Apple has shut down the rumors that they are interested in acquiring Tidal, but they did not deny that they have been in talks with the company.
The news comes in a report from Buzz Feed who have been told by Apple’s Jimmy Iovine that they are not interested in buying any streaming service.
“We’re really running our own race,” Jimmy Iovine, who heads Apple Music, told BuzzFeed News in an interview. “We’re not looking to acquire any streaming services.”
Yesterday we heart that Tidal made a loss of $28 million last year which was significantly more than the previous year.
Source Buzz Feed