Jay Z Losing Millions, Selling Off TIDAL

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jay z selling tidal

After bleeding money for months, Jay Z is finally ready to cut ties with TIDAL.  The service came around as a premium music streaming app but has flopped hard.  Apple Music has continued to dominate and Spotify still goes strong.

TIDAL has been home to some exclusives like Jay Z’s “B-Sides” shows, but has missed with others including Rihanna’s “B**** Better Have My Money” video premier, which ended up on VEVO instead.   Jigga is looking to sell off whatever stake he has in the company because it has cost him millions already, and financial backers have backed out.

jay z tidal The company still has to pay licensing rights fees, and it looks like Jay is on his own paying that off as investors are done dumping money into a sinking ship.   There’s rumblings that Birdman’s $50 million lawsuit over Lil Wayne tracks was the last straw and made HOV give up on the experiment.

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16 COMMENTS

  1. the music industry is done only a few people are selling records most record labels buy their artist records like clive did whitney. most of these guys stay on tours that where the money comes from jay z old ass is still out rappin. today music is horrible their is no substance that tidal shit was never going to do good anyway.

    • BTW, Stephen, IT’S ME, THAT CHICK 414/”THE TRUMPET BLOWER!!!” AKA: “SOPHIA”, ……..(THE TRUTH 4 U), ….AND, “MS. SENSIBLE” SHOES (& A BLACK, “LEATHER” FANNYPACK! laughing!

      When you get booted, blocked, or banned for a short while, we (for NO REASON), you HAVE to come up with more screen names!
      Smh!

  2. Stephen, I DON’T mean (any) HARM, but, YOUR 3 “RUN-ON” SENTENCES almost MADE MY EYES CROSS!! laughing!

    I “GET” (what YOU MEAN), THOUGH, & AGREE with you! 🙂

  3. Typo, MINUS (THE WORD ‘WE’)! TAKE THAT word OUT in post 22:23 in THE SECOND PARAGRAPH! #UNDIAGNOSED OCD MUCH?? LMBBO!

  4. All I wanna know is if Prince’s music gonna be available on other streaming services again because Tidal may be folding. That was a sneak move and I didn’t appreciate it. If I gotta choose between not listening to Prince and signing up for Tidal then deuces Purple One.

    • U know what Born? Every since lost his only child and divorced his first wife who he was head over heals in love with, his music ain’t the same. I might hear one maybe two at the most of his recent work, but other than that, he needs to get back to the old Prince and get rid of that trio band of his.

      • Spotify and Rhapsody have removed the vintage Prince from their streaming services. I agree that new stuff is not my speed but the old stuff is a must have. Both services still have his latest cd but ugh wth wants that. I’m hot about it too.

  5. too bad it didnt work becuase that was a boss move, Jay. Maybe if you and your wife showed more support to the AA community, you probably would have gotten more love. But good effort

    • Or maybe if he didn’t call his himself hove camel God … He is a complete jackass and knows nothing of AA and won’t spend massa money on no slaves, yea massa money and most importantly his devotion to satan to attract and deceive his own ppl … He is part of the machine we all fighting and lastly I’m not trying to knock his hustle just inform you he ain’t shit so f*ck him and his money !

  6. If only he would have came from a different angle.
    Guaranteed better quality music, better videos, all Upgrades from the b.s. That is out there now.

    But he jumped into the pool of mediocrity.

    Music business is in the toilet.

  7. Everything Jay-Z touches turns to shit! He is a terrible businessman. You have to expect that from a man who never went to college. I feel bad for all of the stupid athletes who signed with Roc Nation. All of them are about to get screwed; including Skyklar Diggins!

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