Samsung has recently announced that it does not plan on acquiring Jay Z’s streaming service TIDAL. A company spokesperson issued a statement to Variety denying the reports. “The rumor of Samsung acquiring TIDAL is not true,” said a rep. Since Samsung isn’t interest in TIDAl what about Spotify? I’m really hear for TIDAL and spotify teaming up. Or maybe AppleMusic.
In other news it seems like the streaming service “terminated” CFO Chris Hart and COO Nils Juell. In a statement provide to Complex, Tidal states the move was done to show the services of geographical shift. “As Tidal has grown into a global operation serving 46 countries we have moved our accounting and operations team to New York while our technology team and key support staff remain in Osio.”