Despite being apparently plagued by financial woes, Jay Z's music streaming service, Tidal, has teetered along for a year and a half now. But things aren't looking too hot for the celebrity-backed Spotify rival: Aspiro AB, the Swedish company that owns Tidal, lost over $28 million in 2015 on the service, documents reviewed by The Wall Street Journal last week reveal.
Despite the company's vulnerable position — and potentially inexpensive price tag — no one wants to by Tidal, Forbes reports. Rumors circulated this year that everyone from Apple to Samsung was interested in snagging the streaming service, only for those rumors to be denied.
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