JAY Z's TIDAL Is DYING Fast A Slow Death

[Admin]

Andy Chen, CEO of Tidal at Norwegian-based parent company Aspiro Group, has left the company. A Tidal spokesperson tells Billboard that Peter Tonstad, Aspiro's former CEO, will serve as interim CEO while a replacement search commences. Although reports initially suggested an additional 25 employees were leaving the company, another Tidal rep says the number of employees is "less than half" the reported number and across the entire global network. Tidal's full statement below:

"Tidal's new interim CEO is Peter Tonstad * a former CEO of parent company Aspiro Group. He has a better understanding of the industry and a clear vision for how the company is looking to change the status quo. He's streamlining resources to ensure talent is maximized to enhance the customer experience. We've eliminated a handful of positions and refocused our company-wide talent to address departments that need support and cut redundancies. Tidal''s offices globally will remain and grow: we are already hiring for several new positions now. We're excited about our future and what's in-store for fans who want the best listening experience."

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Side Note :

Hip hop mogul Jay Z has resorted to personally calling select subscribers who download the Tidal app and leave their phone numbers.

Jay Z is taking this unusual route to boost the number of new subscribers to the service. So far the app, which costs $20 a month, has been a resounding failure.


Will this Tidal be a failure or a winner ?


C

[missladyjoleta523]

What do they expect $20 a month. I actually heard it was $25 to $30. Jay Z & crew are out of touch. Don't they know the minimum wage is less than $9. Who want to spend $20 for music when you already have all these other living expenses & a family to feed. I guess they believe people want to make them richer. I think those who can afford it will support but the everyday Joe who needs to put food on the table for their family & pay the monthly utility bills will not. Believe me there are more less fortunate people in the world than fortunate. I see their venture doing well with the wealthy or those who have expandable income not the everyday person. Even Netflix is cheaper monthly.

[Admin]

Your right missladyjoleta.

C

[Niglin]

JAY-Z You cannot turn your back on the people who made you and then try to destroy them, only a fool would think like that.
And remember one important think, You will never ever have the money they have. You will never have the power they have.