There are reports that Jay Z's music streaming service, Tidal, is not doing well. When it was launched on March 30th, it went to number 4 on the iOS music app chart. As of this week, it's now ranks 51 on the music chart and 872 overall. Major rivals Pandora & Spotify sit in 1st and 3rd place respectively.
According to Yahoo music
The streaming service has parted ways with Andy Chen, the CEO of Tidal's parent company Aspiro that Jay Z purchased.
Two weeks after Tidal briefly cracked the U.S. iPhone top 20 download chart, the app has crashed
out of the top 700. Apparently American consumers have limited empathy
towards Beyonce and Nicki. Soon after the launch fiasco, Tidal’s CEO was kicked out
in a “streamlining” move. The new CEO Peter Tonstad, a former
consultant for the Norwegian Ministry of Environment, has his work cut
out for him.
To make matters worse for Tidal, its main rivals are now
surging. On April 20th, Pandora and Spotify occupied positions No. 3 and
No. 4 on the U.S. iPhone revenue chart, respectively. This was the
first time two music streaming services have hit the top 4 in sales
simultaneously. In order to achieve the feat, Pandora and Spotify had to
push out Candy Crush Saga out of U.S. iPhone top 4 revenue chart, which
is a remarkable achievement.
As a matter of fact, something curious can be seen in
Spotify’s download performance right after Tidal media campaign started
bashing its allegedly meager payouts. Spotify surged back into the iPad
Top 40 download chart on March 31st, right when Tidal’s anti-Spotify
invective hit fever peak in American media. This had not happened since
November 2014.
To add insult to injury, Beats Music has started cracking U.S. iPhone top 20 revenue chart
43 comments:
Hope therez insurance cover? Lindaobserve
You don't always gain...That's business!
Gobe! Money isn't everything.
Those that are dissatisfied about the way Linda delay posting our comments sai 'Aye'.......
Damn mehn... that's bad biz...
Choi! Bad business choice. Eeeeeeeyah! I feel for him. Linda take note!
Bey shud release a new album to push
it up again.
I believe dis wil b sorted out asap bcos it might just b technical issues dat wil b resolve. I pray all goes well.
bad biz ventures
they should collaborate with big laptop companies
cos most new laptops have spotify already installed on them.
a.k.a EDWIN CHINEDU AZUBUKO said...
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Serious matter.....
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***CURRENTLY IN JUPITER***
i knew it was bad business for Jay-Z, Spotify got better service. Tidal is too expensive for music lovers.
www.effiezy.com
Chai, nawaoo
pamscrib.blogspot.com
Dis is wht they call bad market, and I hope dis wil b resolve asap. All d best.
U win some, u loose some. That's the way life goes.
#TeamBlessed#
Jay will be alright, some adjustments will be made
thats business for u. please support my blog jenniferidada.blogspot.com
Good for them,they always feel they own the world...overrated couple.
Sometimes you win, sometimes you lose. If you understand that, you live a happy life.
@driver, did u read d gist at all? Or u just wanted to be d first commenter?
@davido's driver,thank God for what?
@Raphael,Linda is a human being.please
SEEN...TOMJERRYSWIT
Its still new, it will bounce back soon
Not good for Jay-Z
Jay Z knows what he is doing
Ohk ooooooooo. Pele jay z
Bad biz choice
oh... Mr Hova, thats business, dont be discouraged, keep moving!!!
wow jay-Z on the news again
ok just click Brave Heart Blog
www.braveheartnaija.blogspot.com
wow Jay-Z on the news again
wow Jay-Z on the news again
wow Jay-Z on the news again
See life! if dem give am format now say make hin bring 100k yankee for starving children in africa! hin go say no...hin don go waste money now...smh
We don support you finish @ jenifer
that's the thing with business, you have to keep trying until you get desired result
At times, what goes up must come down!
Register now for bulk SMS services for free and get free SMS credit at smscenturion.com
Business is always a gamble
http://applytojobs.blogspot.co.uk
Baba Olowo Igbo (Money miss road).
Well, try kim kardashian as yur spokesperson. One nude pix and youll get nice returns on your investment.
But still on still sha, LIBERS LOVE AND HAIL THEIR KING..
That's business
He's still gonna make it
In JayZ's world there's no disappointment And fairlure
It happens sometimes but there has to be a plan b.
No cause for alarm.
OKORO UPGRADED**
Yes! Screw TIDAL!!!
The website isn't mobile friendly or pc friendly AT ALL!!!
Who cares
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