Rumors that Tidal would be acquired by Apple, as reported by the WSJ:

Based on my valuation above, not sure that makes a lot of sense for the price they would have to pay. $100M current valuation puts them at a $19 value per sub. Even strategically, using that US-based cash (can’t use foreign cash vault) makes me wonder about wireless ear pods for the 2017 iPhone, video streaming content, and exclusives with major hip hop artists as a kicker. Is it worth the price?

Likely have to pay a premium too up to it’s peak of $250M.