I don't think Apple bought Tidal. At least not yet. They were in talks, but the most recent news I read as of Sept. 15, 2016 states the following:
" In an interview with BuzzFeed News, Jimmy Iovine, the head of Apple Music, said: "We're not looking to acquire any streaming service." He did not indicate that there weren't any talks, but it does seem that a Tidal acquisition is off the cards, at least for now."
If I recall correctly, Jay-Z is the majority owner, with about 50% ownership, and the other members of the coalition each own 3%.
I don't make any claims that the information above is correct or current. It's just off the top of my head and results of a cursory google search.
" In an interview with BuzzFeed News, Jimmy Iovine, the head of Apple Music, said: "We're not looking to acquire any streaming service." He did not indicate that there weren't any talks, but it does seem that a Tidal acquisition is off the cards, at least for now."
If I recall correctly, Jay-Z is the majority owner, with about 50% ownership, and the other members of the coalition each own 3%.
I don't make any claims that the information above is correct or current. It's just off the top of my head and results of a cursory google search.