Discussion in 'The Booth' started by I_Got_Da_Burna, May 21, 2015.
Purchased for 50 million
Now worth 250 million
I see your point, but "worth" is all relative. Someone has to be willing to pay that for it.
#TidaLost currently has 770K subscribers. at $10-$20 a pop, that 7.7M-15M in revenue. 60% of that is going to the artists...we're not even talking about profits here. just revenue. He paid 52 mil...his profits are under 5 mil right now...
he's definitely in the red so far, that's why ol' boy releasing concerts and shyt
Tbh I don't know much about business I'm just not a fan of the smear campaign that the media has been running against tha gawd
I watched the super exclusive bsides concert on YOUTUBE
you cant have exclusives in 2015
Seems like you want this shyt to fail Just as much as the cacs.
I wonder why.
Yeah, they goin extra hard for this shyt.
Jay gettin that wake up call too, cacs lettin him know he's not immune from the hate.
They especially hate when nikkas try to be owners, why the hell you think they went after Mayweather so damn hard lately. It's hard wired into this country's subconscious, Tidal was doomed as soon as people found out Jay purchased it.
It's business u idiots
You missed his point entirely. The revenue and profit he is seeing now doesnt mean shyt if he paid 52 million for it and someone is willing to buy it for 250 million.
who's dumb enough to buy a sinking company barely worth 10M for 250M? Go ahead I'm waiting
he tried. i'll give jay that