Apple Exploring Tidal Acquisition

Apple

Daisuke Wakabayashi, Hannah Karp, and Patience Haggin, writing for the Wall Street Journal on how Apple is apparently looking into buying Tidal:

The talks are ongoing and may not result in a deal, these people said. Apple is exploring the idea of bringing on Tidal to bolster its Apple Music service because of Tidal’s strong ties to popular artists such as Kanye West and Madonna.

I’m not sure if this makes much sense, but Nick Heer nails what has to be the thinking:

One of the ways they differentiate themselves is to swoon artists enough for them to make their newest releases exclusive to a platform for a short amount of time before it’s generally released. A bunch of these exclusives over the past year went to Apple Music, but those they didn’t get — the newest albums from Kanye West, Rihanna, Beyoncé, and other high-profile artists — all went to Tidal. If Apple were to maintain those relationships post-acquisition and keep the ones they have, they’d have the exclusive release market effectively cornered.