The New York Post is reporting that Samsung is in talks with Jay Z to buy TIDAL, the streaming service the Roc Nation founder purchased in October of 2014 and infamously re-launched in March of last year.
The report also notes that in addition to Samsung, Google and Spotify have expressed interest in the company, originally a Swedish brand, but that Samsung has made itself appear to be the strongest of the suitors thanks to “really big” plans that have yet to be teased or unveiled.
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He paid 56 million for it and it’s valued at 250 million. Depends on what they offer him. They might say 500 million and he can keep a percentage of the company
Exactly and remain chairman and have a position at Samsung
I understand that Kingsmen White but why give it up so easy after all of the fighting, backlash, disrespect, and hard work? He’ll sale eventually but I think it’s to early.
We talking about hundreds of millions of dollars and millions of people with Samsung devices that can have tidal
Exactly correct. That’s A LOT of pennies!!!!!
I wouldn’t sale yall right it’s worth far more than that
9 figures could be 100 million or 900 million we don’t know the first number
Jay Z is a BRILLIANT business man. I trust he’ll make right decision. #Jigga
Dr. Dre sold his to apple and remained on the team
He’s Too Smart for That.
He will not sale Tidal because he knows that it’s worth more than the offer in the long run.
Remember when they laughed at you…called it a joke…said it wouldn’t make money…look at you now
Don’t do it Jay
Sell sell sell