Jay Z is buying Spotify Rival Tidal For $56 Million? Well there has been a lot of talk about Jay Z and what company he’s going to purchase next. There was even talk that he was going to purchase Hot 97. This rumor began after the Big Blow Out between Funk Master Flex and Jay-Z. So now that #Hov97 is out the picture it looks like the “Beach is Better ” rapper has his eyes on streaming. According to reports Jay Z is buying Spotify Rival Tidal For $56 Million. Find out more after the jump.