Certainly more than just "a few". Forbes released a spot-on article on the subject. You can read it here.
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Kanye West Wants Meeting Between Tim Cook and Jay Z to End 'Beef' Between Apple Music and Tidal
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Certainly more than just "a few". Forbes released a spot-on article on the subject. You can read it here.
Certainly. Print T-shirts and bumper stickers even. Let it be known to the world what Apple has become.
Somebody shut him up... Apple Music already has 50x more users than Tidal. Who cares about crappy Tidal?
Easily worth at least $100M..
It has 4M subscribers paying between $10 and $20/mth. That's 4M x $15/mth = $60M/mth.. Using the usual 3 years to pay off a business that's $2B!! But let's say Tim negotiates hard we could be talking around $1B..
Jay-Z will become one very happy man soon..
Apple needs to disassociate itself with these idiots. What is Tim going to Steves company?!? Between this and Beats is a ****ing joke.
A lot of folks in here would be terrible business people. You don't decide multi-million (billion?) dollar acquisitions based on personal music tastes or the ego of a single participant (West's not the person you'd even be making the deal with, by the way). The fact is, we simply don't have enough information to know if this would be a good move by Apple or not. It may very well be the case that a Tidal acquisition would be a relatively inexpensive way to get catalogs from artists ranging from Jay-Z, Kanye, and Beyoncé to Madonna, Neil Young, and Prince. It doesn't really matter if you think their music is good. They're popular enough, would help fill missing holes in the AppleMusic offering, and — depending on price — could be a great way to get a package deal (rather than reaching out to artists and publisher's individually).
Tidal is in a tougher spot. In addition to West's newest signal of Tidal's weakness, they've been quite vocal that their reason for existing has been in opposition to companies like Apple. How do the artists involved sell what looks like a failed company to Apple while saving face? Some stipulations around "artistic freedom" might have to be worked out.
Tidal is in a tougher spot. In addition to West's newest signal of Tidal's weakness, they've been quite vocal that their reason for existing has been in opposition to companies like Apple. How do the artists involved sell what looks like a failed company to Apple while saving face? Some stipulations around "artistic freedom" might have to be worked out.
The holes are not that big though are they?
There is plenty of content on the iTunes Store here in the UK (I checked), of those artists for Apple to say "No, thanks, we've plenty of music, downloaders and subscribers".
Apple can wait until Tidal either fold or practically give the service away for free, Im sure they are in no rush.
If you knew better than to read this, how do you know it's just as bad as youtube comment sections?
True they could wait for that day but why piss off big influencers in the industry. These guys are the content providers not the competition. Just come to an amicable resolution and $1B seems like a small price to pay.
I love how we have a guy that's posting essays about music while people declare Apple dead and talk about Kanye West and his wife's *ahem* well endowed features.
What even is macrumors anymore.
What even is macrumors anymore.
Who was making acquisition decisions based on music taste or ego of participants? I was using the balance sheet which is the most important place to look when acquiring a company.
The only thing I agree with you about is the fact there's not enough information hence why I'm speculating on the known facts only. If I knew the whole story the acquisition cost could range from $1 to $2B.
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It still depends on the price. Jay-Z, Beyoncé, and Kanye West are still 3 of the biggest selling artists right now and Apple still doesn't have as many subscribers as Spotify (despite having a much larger overhead of Beats1, all its hosts, and their human curators).
The missing pieces are 1) the acquisition price. 2) the value of any proprietary tech Tidal has 3) the potential value in Tidal artist's release roadmap and back catalogue.
No one can say one way or another without these things.
Prince would never stoop to begging for money. He knew his worth as a TRUE MUSICAL GENIUS. If he got an offer that he didn't like he walked away. Which is why he left Warner Brothers and $100 million on the table. To even say that Kanye is considered a musician next to Prince is a travesty. SMH!
I see, still the abbuse. He is the co owner of Tidal along with several other A list mega stars with millions of fans globally, hence my comment about Apple being careful with their approach as it will all be very public.
Yeah - its weird that Apple is associating itself with gangster thugs like Jay Z and Kanye. I mean....seriously? Business or not, being tied to the hip with these meatheads is a little risky. Ehhh.
Dre's Beats was an incredibly successful brand built up my an immensely well respected artist with an obvious acute business acumen. Apple buying beats made good sense, for both parties, and you could argue that with Dre (and Iovine) on board there's already real moves to build in the landscape of music distribution. There's intelligence in this deal.
JayZ can probably handle 'Talks' with Apple and Tidal, but is probably a bit upset that he has to carry West along for the ride. KW is probably the worst person you could have 'negotiating' your potentially huge deals. Waving your genius D**k around saying that anybody who doesn't look at it is missing out isn't going to give Apple anything to think about. With this approach Tidal are only going to look like they're trying to hold artists back from Apple Music as some kind of ransom deal, and I doubt Apple will bite.
Kanye could do with admitting to himself that he's not the master of the universe, and that nobody ever needs him to be a 'business man' but I doubt that will happen either.
JayZ can probably handle 'Talks' with Apple and Tidal, but is probably a bit upset that he has to carry West along for the ride. KW is probably the worst person you could have 'negotiating' your potentially huge deals. Waving your genius D**k around saying that anybody who doesn't look at it is missing out isn't going to give Apple anything to think about. With this approach Tidal are only going to look like they're trying to hold artists back from Apple Music as some kind of ransom deal, and I doubt Apple will bite.
Kanye could do with admitting to himself that he's not the master of the universe, and that nobody ever needs him to be a 'business man' but I doubt that will happen either.
Ahh yes, didnt think of that. Good point. I wonder what ever happened to Neil Young's lossless music endeavor? Is that still around or did that go under?
I'm shocked to learn that it has that many paying subscribers. But even if it is pulling in $60M per month, I'm sure it isn't making a profit. One doesn't value a business on its revenue, you value it on its profit (or more likely its EBITDA).
But yeah, if it has 4M paying subscribers (and that number is somewhat independently verified) that is a major business. But still no way Apple is cutting a check for $1B for it. Not when even Kayne has to cave almost immediately on Life with Pablo. The customers will flow to the service that has the best selection of music and the best interface. Apple's interface will get better and it seems Apple has the ability to get the songs. Even musicians like Kayne or Jay-Z who are investors in Tidal can't keep their music off of Apple Music.
Who is Paul McCartney?
No one who makes or produce rap has talent, thats a scientific fact, period! (also ) (but still true). On a sidenote, as a provider to itunes tidal and all the rest, I noticed I get a little better pay per stream from Tidal than spotify and itunes, and at least thats a good thing.