Jay Z’s Tidal music streaming service is getting ready to step into Netflix and Hulu’s arena by streaming movie content.
via Page Six:
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.”
We’re told that preliminary talks have been underway with the Weinstein Co., plus Tidal will also be working with other producers, including Irv Gotti, to acquire original movies.
Meanwhile, Kanye West has reportedly been developing a film script with Bret Easton Ellis, while Rihanna has already appeared in “Battleship” and recently voiced the lead in Dreamworks’ animated “Home.” Jay is also in talks about producing an upcoming movie. The move will create movie stars out of the talent signed to Tidal.