JAY Z Says TIDAL Now Has Over 770,000 Subscribers and Is Doing Just Fine

Despite reports that JAY Z’s music streaming service TIDAL is tanking, HOV himself has responded to

By
Music
9,817 Hypes 0 Comments

Despite reports that JAY Z’s music streaming service TIDAL is tanking, HOV himself has responded to critics in a series of tweets. After much fanfare and publicity, TIDAL was relaunched under JAY Z’s watch backed by some of today’s biggest artists. According to his series of tweets, TIDAL has over 770,000 subscribers. Amongst the slew of tweets, the hip-hop mogul also laughs at the idea that TIDAL simply serves as a platform for artists who want a bigger cut. Mr. Carter argues that TIDAL’s $60 million USD in equity is nothing compared to competitors’ worths, such as Spotify or iTunes, and that every artist on TIDAL receives a 75 percent royalty rate. However, we should note that his tweets may not tell the full story, as it doesn’t specify how many of the 770,000 subscribers were around before TIDAL relaunched, nor does it tell us how quickly it’s expanding. Although such facts are respectable for a growing company, it pales in comparison to rivals such as Spotify, who has over 15 million paying customers. Check out a few tweets below and follow JAY Z on Twitter to stay updated with TIDAL-related news.

Read Full Article

Join Our Discussions on Discord

The HYPEBEAST Discord Server is a community where conversations on cultural topics can be taken further.

538 Users Online

What to Read Next

Marilyn Manson’s New Album Was Released on Special PlayStation 1 Discs
Music 

Marilyn Manson’s New Album Was Released on Special PlayStation 1 Discs

If you’ve seen a physical copy of Marilyn Manson’s recent album The Pale Emperor, which was

Amy Winehouse's Family Will "Disassociate Themselves" With Upcoming Documentary Film
Music 

Amy Winehouse's Family Will "Disassociate Themselves" With Upcoming Documentary Film

On July 3, 2015, Amy, the Asif Kapaida-directed documentary film about the life of Amy Winehouse,

Publish Brand x CLAE Gregory SP “The Natural State”
Footwear

Publish Brand x CLAE Gregory SP “The Natural State”

Menswear label Publish Brand has partnered up with classic footwear brand CLAE for a collaborative


Curtis Heron - Grow
Music 

Curtis Heron - Grow

After producing the ever-played 2014 hit “Multiply” by A$AP Rocky, and working with the likes of LA

Mariah Carey - Infinity
Music 

Mariah Carey - Infinity

Earlier this year, the legendary Mariah Carey collaborated once more with L.A. Reid at Epic

Grimes Has "Mad Respect" for TIDAL
Music 

Grimes Has "Mad Respect" for TIDAL

JAY Z’s announcement of TIDAL has caused differing opinions from all spectrum to arise, mostly to

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.