Apple Music’s Iovine denies that a Tidal acquisition is in the works

Apple Music head Jimmy Iovine has quashed rumors that Apple may be looking to acquire streaming music service Tidal.

In an interview with BuzzFeed News, Iovine stated flat-out that Apple Music is “running its own race” and “not looking to acquire any streaming services.” The question came up in response to a Wall Street Journal article that appeared in early July which claimed Apple was exploring the idea and was possibly even “in talks” about an acquisition.

Notably, Iovine didn’t deny that discussions had taken place, but simply said that Apple does not have any acquisition deals in the works.