http://www.theguardian.com/technolo...-financial-results-streaming-music-profitable
And they are still running at a lost. Online music streaming is not a viable business model anymore. Once bandwidth and internet speed abilities go further, even movies services like Netflix will find it hard to keep the regular customer from downloading for free.
You all are making it about social issues, when it's simply that they product is (1) NEW (2) Not as good, or better to make people switch. White people aren't supporting Tidal either and they buy most of Jay's CDs I'm sure, so idk how this is a black issue, or even a race issue at all. If Tidal fails, I don't see how that's on the backs of black people.
If Tidal REALLY was the BEST thing about and costed like $5-7/month (under Spotify), they would prob have a lot of subscribers. I would def subscribe. Idk what kind of successful business you guys run where you knowingly put out a product that costs more for less product quality than your competitors but I don't think you'll be in business for long.
No product market works like that.
You don't get to put out a shytty product and then have everyone's blackness indebted to whether your (
very late) product succeeds or not. That doesn't een make any sense