Game Changer: TIDAL Is Reportedly In Talks To Start Streaming Movies
by Staff Editor
The streaming service war has just made its way to the big screen after a report from Page Six says that Jay Z’s TIDAL is in talks with movie executives to begin streaming original movies on their site. A move that rivals not only other streaming sites, but the likes of Netflix and Hulu as well.
There has been a major climb in popularity in streaming services which has seen consumers make changes to help switch towards this new way of listening to music and watching films. This includes changing their broadband deals to ensure that their internet is strong enough to stream films and TV shows. Major businesses like Amazon and Netflix are seeing their popularity rise as traditional TV continues to fall so this is why Jay Z is eager to move into streaming film too.
Page Six reports:
Multiple sources confirmed to us that the service is in negotiations with movie-industry executives, for a partnership to create films for Tidal, with a focus on the artists signed to the streaming service.
Tidal has already put in a request to Apple for approval to add movie streaming to their app, we’re told, and the service could be up and running as early as June.
One source told us, “Tidal has upset everybody in the music business, the labels, Apple and [Interscope founder] Jimmy Iovine, and now it is taking on Netflix and Hulu.
“The movie service will feature original content as well as acquired films. Tidal hopes to work with an indie studio or producer on a partnership to create original movies.”
Jay Z always remains relevant in music and hip-hop, but this new venture has potential to make him a staple in the movie business as well.
Read the full report here. Is this enough to convince you to buy TIDAL?