Wednesday, June 24, 2015

Tidal Loses Second CEO


Jay Z's music streaming service loses second CEO within two months…

Back in April Tidal CEO Andy Chen left the company just weeks after its big launch [click here if you missed that].

Now the interim CEO has also left the company.

Tidal execs confirm interim CEO Peter Tonstad is no longer with the company telling The Wall Street Journal, "We are thankful to Peter for stepping in as interim CEO and wish him the best for the future."

In other ominous Tidal news the company’s Chief Investment Officer and public face Vania Schlogel was a no show for a scheduled appearance at the New Music Seminar business conference in New York yesterday.