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Following Sprint Stake, How Does Jay Z's Tidal Investment Rank Among Hip Hop's Biggest Deals?
Thursday, January 26, 2017 - 9:37am | 415Hip hop might not be dead yet. Sprint Corp (NYSE: S) recently announced a equity stake in Jay Z's streaming service Tidal, reportedly paying $200 million for a 33 percent stake, valuing the company at $600 million. The acquisition by Sprint sits as one of the biggest hip-hop deals ever. As part of...
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Does Tidal's Deal With Sprint Leave Apple Eyeing Pandora?
Monday, January 23, 2017 - 3:02pm | 614Sprint Corp (NYSE: S) may have edged out Apple Inc. (NASDAQ: AAPL) in forging a partnership with Tidal, a subscription-based music streaming service owned by Jay Z. With Tidal beyond its reach, Apple may now be forced to settle for Pandora Media Inc (NYSE: P) for beefing up its Apple Music service...
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99 Problems And Time For Investment? Sprint Acquires 33% Of Jay Z's Tidal
Monday, January 23, 2017 - 10:38am | 389Just days after Tidal hit a fresh wave of criticism, Sprint Corp (NYSE: S) bought 33 percent of the music streaming platform and extended the service to 45 million customers. The announcement came Monday after a Norwegian newspaper accused Tidal owner Jay Z of inflating subscription figures on two...
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Jay Z & The Weinstein Co. Ink 2-Year TV & Film Production Deal
Sunday, October 2, 2016 - 10:08am | 277Jay Z took his business empire one step further this week, signing a deal for a movie and TV content with The Weinstein Co. According to the studio, several projects are already being developed and will be announced in coming weeks. This two-year contract grants The Weinstein Co. first-look...
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Jay Z On America's Racist War On Drugs: It's A Failure, An Epic Failure
Friday, September 16, 2016 - 1:59pm | 650Over the years, Jay Z has become much more than a rapper, more than his career as a producer, entrepreneur or even investor. He has become a voice of public opinion, a spokesperson for the masses. Early Thursday, the New York Times published a video featuring Jay Z talking about America’s...
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The World's First 'Consumer Goods IPO' Will Celebrate Jay-Z's Debut
Tuesday, August 16, 2016 - 10:03am | 563When StockX, the stock market for sneaker resales, launched in February, CEO Josh Luber hinted the platform could eventually be used to sell more than just sneakers. That day has finally come, and it’s coming in extravagant fashion. The company announced today that it will host what it...
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Tidal And Apple Have Beef, According To Kanye West's Tweets
Monday, August 1, 2016 - 8:32am | 285Kanye West's latest Twitter rant is directed towards Apple Inc. (NASDAQ: AAPL)'s management team for feuding with Tidal, a rival music streaming company owned by Jay Z. West, no stranger to profanity and controversy, tweeted that an apparent feud between Apple Music and Tidal is messing up the...
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Recode: Tidal Has 'Much Less Less To Offer' Apple Than Beats Did
Friday, July 1, 2016 - 10:28am | 413The Wall Street Journal reported that Apple Inc. (NASDAQ: AAPL) is engaged in talks to acquire Jay Z's streaming music platform, Tidal. The report was also confirmed by Recode, which took a deep dive into a potential acquisition and what it would mean for the entire streaming music space. Related...
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Apple May Be Interested In Jay Z's Tidal, But Sources Say It Won't Happen
Friday, July 1, 2016 - 8:43am | 308Spotify, the popular streaming music platform, boasts 100 million subscribers, nearly twice as many paid subscribers as Apple Inc. (NASDAQ: AAPL) can claim for its Apple Music platform. Apple is in dire need of playing catch-up, which might explain why the company is looking to acquire Tidal, a...
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Did Deutsche Bank Help Jay Z Hide His Drug Money?
Thursday, June 2, 2016 - 11:57am | 275"I'm getting ghost, I'm hearing noises; I think it's the boys, but I been banking at Deutsche." Jay Z in Pusha T's song "Drug Dealers Anonymous." Wait, what? Did Jay Z say he used bankers at Deutsche Bank AG (USA) (NYSE: DB) to hide his drug money?...
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Positive Spotify Earnings; Pressure Grows In Online Music Streaming Market
Tuesday, May 24, 2016 - 9:18am | 292Spotify's revenue has risen to $2.1 billion over the course of 2015, and it has double in growth from the previous year, Reuters reported. Subscriptions to Spotify's premium service made up 91 percent of the income generation. With the massive increase in revenue, Spotify also saw a large increase...
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Beyoncé Fans And Apple Shareholders: 'Lemonade' Now For Sale Via iTunes
Monday, April 25, 2016 - 8:19am | 327Beyoncé's latest album release, titled "Lemonade," was released exclusively over the weekend on Tidal, her husband Jay Z's streaming music service. The New York Times, citing a Tidal spokesperson, reported that Tidal would have the exclusive streaming version "in perpetuity." However, Tidal's 3...
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Report: Samsung Restarted Talks To Acquire Tidal, Jay Z's Music Streaming Service
Friday, February 26, 2016 - 12:13pm | 211Samsung Electronics Co Ltd has resumed talks with Jay Z to acquire his 16-month old streaming music company, Tidal. The New York Post, citing "several sources," noted that Samsung has held on-and-off talks with Tidal and has "long been rumored as an interested buyer."...
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Jay Z Freestyles At Tidal Concert; Disses Apple, Nike, Spotify & YouTube
Monday, May 18, 2015 - 8:40am | 459In a recent private concert for Tidal subscribers, music mogul Jay Z appeared to take a few digs just about every major player in the streaming business. Tidal is Jay Z's music-streaming service that was launched en masse earlier this year. Despite the major hype heading into its wide...
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Rumor: Apple Hurts Tidal To Help Beats Music Launch
Monday, April 27, 2015 - 10:47am | 261Apple Inc. (NASDAQ: AAPL) may be sabotaging the streaming music service Tidal in order to nip competition ahead of the relaunch in June of Apple's Beat Music, according to a recent report. The New York Post's Page Six, typically reserved for celebrity gossip news, quoted an unnamed...