Yesterday, it was reported that Tidal's losses have doubled within the year. So rumours swirled that Apple was thinking about buying out the streaming service, who are also a large competitor. But Apple has come forward and shared it has no plans to buy the company, even though there may have been discussions about it.

"We’re really running our own race," Apple Music top dog, Jimmy Iovine said in a statement to BuzzFeed. "We're not looking to acquire any streaming services."