JAY Z Comments on the Status of TIDAL

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There’s been a lot of talk regarding TIDAL being a potential failure. The head honcho himself, JAY Z, has now taken to Twitter to address the current state of his latest project. Referring to over 770,000 subscriptions, a 75% royalty rate to all artists, writers and producers as well as a Jack White concert, which is streaming tonight, Hova says that TIDAL is doing “just fine.” Read some of his tweets below.

Stream of consciousness coming in 5, 4, 3, 2… #TidalFacts

— Mr. Carter (@S_C_) April 26, 2015

Tidal is doing just fine. We have over 770,000 subs. We have been in business less than one month. #TidalFacts — Mr. Carter (@S_C_) April 26, 2015

The iTunes Store wasn’t built in a day. It took Spotify 9 years to be successful…
— Mr. Carter (@S_C_) April 26, 2015

We are here for the long haul. Please give us a chance to grow & get better. #TidalFacts — Mr. Carter (@S_C_) April 26, 2015

Indie artists who want to work directly w/ us keep 100% of their music. “If you don’t want the CEOs all in the videos” haa #tidalfacts
— Mr. Carter (@S_C_) April 26, 2015

Rich getting richer? Equity values… YouTube $390 billion. Apple $760 billion. Spotify $8 billion. Tidal $60 million. #TidalFacts — Mr. Carter (@S_C_) April 26, 2015