The high-definition music streaming site was purchased for $56 million back in March by hip-hop business mogul Jay Z and it became a private company. It has had its ups and downs but it's still going on strong, well except for the CEO leaving the company.
Peter Tonstad, was a former CEO of Tidal's parent company Aspiro Group, as interim chief executive before he became the CEO of Tidal on April 17th 2015. He didn't tell the public why he resigned, he just did.
Tidal released this statement:
“We can confirm interim CEO Peter Tonstad is no longer with the company. We are thankful to Peter for stepping in as interim CEO and wish him the best for the future. Tidal will be transitioning to a permanent CEO as part of our strategic plan to create a leading platform, and current executives in New York and Oslo will continue to lead our rapidly developing innovation and content initiatives until our new CEO is in place.”It remains to be seen whether a replacement is waiting in the wings with an even better understanding of the industry, but the news caps a tumultuous period for Tidal, after its starry relaunch press conference was widely seen as a misfire.
Source: CBS News
21 comments:
You doing a good job...but please go to bed woman!
Someone better is arnd d corner..good ridance.
Someone better is arnd d corner..good ridance.
And another man will do d job
Firing off my resume to the big cheese, Jay-Z
That's too bad
trouble in paradise! This is turning out to be one hectic investment for Jay
Illuminati company..their diamond logo says it all.
Make dem employ another person nw, wetin cm b d big deal. Mteew!
"Soldier go, soldier cm, barack go stand gidigba"
From the desk of the President , Anonymous From the desk of the President , Anonymous association of LIB( ASOLIB)!!!!
Something is fishy here! The more reason
LIB watchdog will investigate this
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Ok
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Jayz better call on Damon dash to be the ceo
I wish him well, and all d best thereof. There is nothing lik change in life. He surely needs it.
Aya poor jay z
Eeeeya....so sad
Another will definitely replace
Rome wasn't built in a day so, baby steps! Except rivals r playing a game here.
I wonder what is happening with Tidal. Linda take note!
Okiie, notice to all LIBERs. Didn't want to do dis before but I gex I just have to do it as a disclaimer. One idiot on dis blog stole my identity, my name & signage. So please any negative comments on dis blog is not coming from me but from the thief cos I would neva say anything bad about someone or wish anyone evil. So I have gone back to using my old pix. Linda take note!
Sorry jay
Never mind such people they will regret their asses tomorrow when things pick...d beginning is usually always slow.
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