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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
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Kanye West Demands Apple Buy Tidal To End ‘Beef’

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David Z. Morris
David Z. Morris
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David Z. Morris
David Z. Morris
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July 31, 2016, 1:39 PM ET
2015 MTV Video Music Awards - Show
LOS ANGELES, CA - AUGUST 30: Kanye West speaks onstage during the 2015 MTV Video Music Awards held at Microsoft Theater on August 30, 2015 in Los Angeles, California. (Photo by Michael Tran/FilmMagic)Photograph by Michael Tran — FilmMagic/Getty Images
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Kanye West took to Twitter yesterday to issue an ultimatum—Apple needs to buy Tidal. Now.

https://twitter.com/kanyewest/status/759436006810460160

https://twitter.com/kanyewest/status/759436516389117952

https://twitter.com/kanyewest/status/759437257099010048

https://twitter.com/kanyewest/status/759449038097747968

West is a co-founder of Tidal, along with Jay-Z and other high-profile artists, so his rant suggests that rumored acquisition talks between Apple and Tidal aren’t going well, if they were ever real.

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That’s not hard to believe—Apple’s motives for buying Tidal are solid, but not overwhelming. With streaming becoming a bigger slice of the digital music pie, Apple needs a successful streaming service to replace lost iTunes download revenue. But Tidal’s subscription numbers aren’t great. They were recently reported at 4.2 million, compared to north of 13 million for Apple Music. As Don Reisinger pointed out after the talks were reported, Tidal would be more important as a sort of celebrity acqui-hire for Apple, a way to tap into Jay-Z’s web of close artist relationships.

Kanye’s complaint about giving fans access to music refers to competition for exclusive releases, which have become a strategy for both Tidal and Apple Music to try and catch up with category-leader Spotify, which has about 30 million subscribers.

As an artist-fronted company, Tidal has had some big exclusives. The service got a large bump in app downloads when Beyoncé rolled out Lemonade with Tidal, and Newsweek reported that subscriptions “more than doubled” after West’s Life of Pablo debuted on the service.

Meanwhile, artists like Drake, Future, and Pharrell Williams have signed exclusive deals with Apple Music. Drake and Kanye have been both collaborators and rivals in other venues, heightening the sense that this is some kind of war.

For more on Kanye and streaming, watch our video:

But what Kanye’s anxiety unintentionally underscores is that Tidal has little chance of winning that war—that while artist relationships could help Apple in gaining ground on Spotify, they may not be enough to make Tidal a long-term player.

In short, Tidal probably needs an Apple buyout. But publicly telling Tim Cook to “stop trying to act like you Steve [Jobs]” may not be a great way to speed that process.

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