Samsung eyeballs Tidal for acquisition along with several other streaming services

tidal desktop app
guteksk7/Shutterstock
South Korean mega-corp, Samsung, is in talks to purchase Tidal, the boutique streaming service owned by Jay-Z, according to the New York Post.

The two companies have reportedly held on-and-off talks over Tidal’s 16 month lifetime, a period during which Samsung has been extremely involved with a number of Tidal artists. Most recently, the electronics company spent $28 million to sponsor Rihanna’s new album and tour.

But Samsung is not the only company interested in a possible Tidal takeover. Both Google and Spotify have reportedly gazed longingly at the struggling music service, likely looking to fold its roster of artists into their growing portfolios, thus fortifying their positions in the streaming war.

The Samsung news comes along with a rumor that the company is planning something big in the media realm, and coincides with its major sponsorship of this year’s Oscar ceremony

“Samsung is re-engaging; they are working on something really big, and they’re keeping it very quiet in case it leaks,” said a source to the New York Post.

Tidal has been marred by a number of controversies in its short life. The company accidentally released Rihanna’s Anti days early, and played a significant role in the extremely confusing release cycle of Kanye West’s latest album The Life of Pablo. Plus, Tidal’s corporate leadership don’t seem extremely excited to stick around; The company is now on its third CEO in its short life. Sources have also indicated that the company is having trouble paying its royalty checks on time.

For Samsung, acquiring an already-running service with some notoriety could be cheaper than creating its own market; While Tidal was valued at $250 million dollars by executives at the time of its launch, it is now worth about $100 million. Current owners include Rihanna, Madonna, and Nicki Minaj, among other celebrity pop stars.

When exactly the acquisition would happen remains to be seen but, with bills mounting, it will likely be sooner than later.

Home Theater

Hi-res streaming audio service Qobuz arrives in U.S., threatens Tidal’s monopoly

For several years, Tidal enjoyed a monopoly on hi-res music streaming in the U.S. Now, French company Qobuz is here to offer some competition with a variety of monthly plans starting at $10 a month.
Movies & TV

From Roma to Isle of Dogs: Here’s where to watch 2019’s Oscar nominees online

The 2019 Oscar field is a strong one, and if you missed some of the films in theaters, you may be in luck: Several of them are available on popular streaming services like Netflix, Amazon Prime Video, Hulu, and HBO.
Mobile

Allstate’s SquareTrade buys phone repair service iCracked

Allstate may be looking to diversify its service a little. The company announced that SquareTrade, a company Allstate owns, is buying iCracked, a popular phone repair service that currently operates in more than 60 cities.
Mobile

Samsung teases it will reveal its foldable phone during the Galaxy S10 event

Samsung has been showcasing bendable display tech for a few years and now a folding smartphone might finally arrive. The Galaxy X, or perhaps the Galaxy Fold, may be the company's first example. Here's everything we know about it.
Cars

All U.S. 2020 Toyotas will have a trial subscription to SiriusXM satellite radio

This fall, with the introduction of the 2020 model year vehicles, all Toyotas sold in the continental U.S. will include SiriusXM satellite radio installed with a three-month trial subscription of SiriusXM All Access.
Gaming

Where to catch the encore of Marshmello's Fortnite concert if you missed it

EDM star DJ Marshmello performed a different sort of concert today: one held live in-game in Fortnite. The concert was held in Pleasant Park, where the usual football field was transformed into a stage and a massive dance party broke out.
Mobile

Schubert left Symphony No. 8 unfinished. A smartphone’s A.I. just completed it

We all know computers can be used to make music, but can artificial intelligence be used to not only generate music, but complete one of the most famous unfinished symphonies of all time? Huawei has used its A.I. to find out.
Music

The best free music download sites that are totally legal

Finding music that is both free and legal to download can be difficult. We've handpicked a selection of the best free music download sites for you to legally download your next favorite album.
Music

Apple Music vs. Spotify: Which service is the streaming king?

Apple Music is giving Spotify a run for its money, but which service is best for you? In our Apple Music vs. Spotify showdown, we compare and contrast all we know about the two streaming music services.
Music

Spotify could terminate accounts of listeners using ad blockers

Bad news for those who block annoying ads on Spotify -- the company has updated its Terms of Service to explicitly ban ad blockers. Consequences for users found circumventing the rules include suspending or terminating your account.
Home Theater

Apple's new AirPods could arrive within months, pack health sensor tech

Apple may release new AirPods in the first half of 2019. A wireless charging case, health sensors, water resistance, and better Siri integration are some of the improvements rumored to be part of the new package.
Music

Donald Glover is (somehow) first rapper to win a Grammy for Song Of The Year

Donald Glover (AKA Childish Gambino) has become the first hip-hop artist to win Song Of The Year, an award that had illuded countless other popular rap artists for decades.
Home Theater

How to master your equalizer settings for the perfect sound

You may know what an EQ is, but do you know how to adjust equalizer settings for the best possible sound? We go through the basics of the modern EQ and lay out some guidelines for how to achieve tip-top sound from your system.
Music

The 25 best love songs on Spotify for your wooing pleasure

Valentine's Day comes but once a year, but love is forever. If you're hoping to impress your significant other -- or if you're trying to procure one -- we put together a list of the best love songs for your wooing pleasure.