Wednesday, March 02, 2016

TIDAL Cash Woes on Blast


Industry insiders believe Jay Z's struggling music streaming service TIDAL may be losing more than $10 million a year...

From Hits Daily Double
Is the recent exclusive content from Rihanna, BeyoncĂ© and Kanye, with T.I. on deck, creating enough noise for Tidal to attract a buyer so that Jay Z can get his money back? Insiders believe Tidal is hemorrhaging north of $10m a year in red ink, and these exclusives don’t appear to have generated new subscribers in sufficient numbers to make the business sustainable. 

17 comments:

Anonymous said...

R in NYC says:

Jays should just throw in the towel. Just add this to his list of business failures.

Anonymous said...

And with Kanye getting caught out there allegedly illegally streaming other artists' content today, can we just call it a day on this Tidal fiasco? It must be a laundering or front business because they seem to keep throwing good money after bad and nothing can stop the hemorrhaging.

Anonymous said...

But I thought Samsung was interested in buying Tidal? Or was that just a PR release from Jay's camp. The "industry" is clearly against Tidal so time will tell what happens.

LONG TIME LURKER said...

Ok, .........So here is the latest behind the scenes news as far Tidal is concerned.

It is true that Tidal is up for sale....already. Tidal represenatives have begun contacting all the Major Streaming services informing them that the business offically is up for sale , they are soliticing Bids. The MEDIA SPIN that Major Corporations like Samsung, Spotify ect; or anyone else, have expressed an interest in Buying are NOT TRUE

There have been NO OFFERS to buy. I will say coorespondance in private meetings , about the going price of what ANY Major would pay is LESS than what was put into Tidal. An embarrasment to say the least, and a 'Tidal ' wave a lawsuits waiting to happen," Pun " intended

In the Market Place , Tidal is essentially admitting defeat and" giving up" Market Share . To date Tidal has only increased its subscribers by 500,000 despite a rooster of celebrity " owners" and ' EXCLUSIVE' releases from TOP CHARTING ARTIST, Rihanna , Kanye, and Beyonce . (By comparison Apple already has 10 Million ) In addition a signifigant portion of the new Tidal subscribers actually came from "accidentially" illegally reactivating dead accounts of people who were given free trials but declined to subscribe

Tidal has been bleeding money. The primary Investment Group Universal, Sony, Live Nation,Warner, had hoped to use Jay Z and Beyonce and their popularity and influence in Pop culture as the Branding Face of Tidal to attract millions of customers.

THE PRIMARY REASON BEHIND THE FORMULATION OF TIDAL WAS TO CREATE A RECORD LABEL , "INDUSTRY OWNED " STREAMING SERVICE .......NOT "ARTIST OWNED" AS PORTRAYED IN THE MEDIA . The ARTIST OWNED concept is a DISGUISE, ** in Truth** it was to Influence Artist and Customers AWAY from Privately owned Streaming Agencies. Because Streaming is the FUTURE of music sales. The RECORDING INDUSTRY MAJORS need to keep CONTROL, of MUSIC SALES.

The Future? .....well Samsung has begun working on adding Tidal as preloaded software to be included with the special release of a new phone. This is the hush hush deal the Media has been speculating about as "Samsung in talks with buying Tidal" .

Not a purchase of Tidal but a partnership deal that would combine Samsung Cell Phone Customers and Tidal Subcribers. This potential deal still in the works and in a testing phase BUT it could potentionally increase Tidal Customers. There would be exclusive Tidal Content (Music Exclusives) for Phone Owners . There is also talk of Exclusive access to a much talked about Double Album from........Guess Who .......???

Could the PROPOSED Samsung Deal save the day for Tidal? Would it translate to an increase in Value of Tidal for potential buyers?

Thoughts? Comments?

- Lurker


Anonymous said...

Lurker is back! Yes, thanks for the tea! I need to read it again! Stay on the low, but keep posting; We appreciate it!

Anonymous said...

So he gave t.I partial ownership to a sinking ship. No wonder he gave it so freely.

Anonymous said...

In other words...They don't care about you. They just want to control you.

Anonymous said...

Jay Z trying to Dame Dash mofo's run y'all.... him, Puffy, Rush Card Yoga Guru Simmons - they're all thieves who will use color to bring you in the fold then butt rape you

Anonymous said...

@12:57 Thanks ! ...Your Welcome
-Lurker

Anonymous said...

@Lurker

Has Columbia given Tidal the green light to have exclusive release music from Bey?

Anonymous said...

"THE PRIMARY REASON BEHIND THE FORMULATION OF TIDAL WAS TO CREATE A RECORD LABEL , "INDUSTRY OWNED " STREAMING SERVICE .......NOT "ARTIST OWNED" AS PORTRAYED IN THE MEDIA . The ARTIST OWNED concept is a DISGUISE"

So you're sayingKanye, Jay, Bey and the like are all just puppets? Noooooooooo...........

Anonymous said...

maybe jay and thief beyonce should've hired more blacks to promote and run the site and make it more exciting. then all white n boring staff..

Anonymous said...

@ 12:38 pm Wow!! Lurker you broke it all the way down. Thanks!!!!!

Anonymous said...

@129
You truly bought into the billionare pr ruse....so many do

Not only are they puppets they are indebted aka broke puppets

But people believe in their so called bullions like they did santa claus

Some will never break through the bj programming their handlers laid down so tough

Anonymous said...

Bey, Jay & Kanye are definitely well paid puppets. They do not care about the people. There is always an agenda. Always remember that.

Anonymous said...

They were well advanced
And now its pay up timew

Anonymous said...

Thanks Lurker for the tea!
I appreciate you!!

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