Report: Samsung Not Interested In Buying Tidal
March 8, 2016 at 3:35 AM (PT)
Rumors that electronics giant SAMSUNG was kicking the tires on purchasing JAY Z’s streaming platform TIDAL have been put to rest by headquarters in SOUTH KOREA. FORBES reports SAMSUNG, "has stepped forward to say that it isn’t actually interested in purchasing the music player, perhaps settling things once and for all."
Talk about the move had persisted as SAMSUNG doesn't have a strong presence in the streaming music space, and most assume it's interested in having one. FORBES notes, "A few years back, MILK MUSIC was launched, but since then the Internet radio platform has failed to pick up any traction, despite some pretty serious promotion from the company. SAMSUNG is planning something involving music, but it sounds like TIDAL isn’t involved."