20,000 tech-heads descend on Amsterdam
Join us and 20,000 others at our 12th edition of TNW Conference. 2-for-1 tickets available soon.
This news comes after Samsung shuttered Milk Video, its streaming video service, last year.
Dovetailing into the Milk Music shutdown, Samsung is reportedly in talks to acquire Tidal. Though that deal has been kicked around for some time, a recent uptick in interest surrounding Prince and Kanye West’s exclusives with the streaming music service reportedly caused the two companies to revisit acquisition meetings.
Tidal comes with a built-in userbase that undoubtedly beats Milk Music’s, but it’s not clear what Samsung’s plans for it may be. If they lock it into Samsung devices as Milk Music was, look for Tidal to be the next streaming domino to fall.
Update: Samsung reached out in response to this article:
We think it is important to clarify on-the-record for you and your readers that the rumor of Samsung acquiring Tidal is not true.
The response didn’t address Milk Music’s shutdown.