Tidal Keeps Sinking: Beyoncé And Rihanna Can’t Save ‘Biggest Disaster In Music History’ Read mor

[I_Got_Da_Burna]

http://www.inquisitr.com/2102743/ja...-cant-save-biggest-disaster-in-music-history/

Jay-Z thought he was making history with his new Tidal service. He has made history, but not the kind he expected. Some are calling Tidal the biggest disaster in the history of the music industry. That may be a hyperbole, but there is no denying that Tidal is going down like a sinking ship. Forbes recently slammed Jay-Z in an article on why he can’t save the music industry.


“It’s hard to know what Jay-Z was thinking when he launched music streaming service Tidal. He certainly wasn’t thinking about his millions of fans. Most consumers don’t want to pay for music. Any streaming business that ignores that reality is doomed to fail.”

The Daily Beast describes what many see as the reason for Tidal’s epic failure.

“The idea behind Tidal is that these higher subscription fees will lead to greater royalties for the artists—so it’s pretty hard to understand how this endeavor is ‘for fans,’ as Jay Z claims.”

The Daily Beast notes that Jay-Z thinks that fans’ money will now go directly into artists’ pockets, but there really is no benefit to fans if the monthly cost is more than other services, such as Spotify or Apple’s Beats Music. As Tech Crunch reported, Jay-Z tried to mock other services this past weekend in order to prop up the disastrous Tidal.

“He ripped on Google as well as Jimmy Iovine, head of Apple’s Beats Music, for apparently trying to buy him out. He roasts YouTube for what he considers tiny payouts to artists…Then Jay Z, also referring to himself as Jigga and Hova, addressed criticism that Tidal’s partnered artists are rich, so why should fans care about making sure they’re paid?”

Perhaps Jay-Z doesn’t realize that in his sinking Tidal ship, he is bringing down the artists who signed on. Some of them include Madonna, Rihanna, Beyoncé, Nicki Minaj, and even Taylor Swift. Most of the artists who acted like they were becoming a part of music history at the launch event have nothing to say about the service now. There are still rumors that Jay-Z and Beyoncé plan to release a joint album for Tidal, but that has been mocked endlessly on Twitter.

Rihanna, who is rumored to be launching her upcoming album on Tidal, was hit with a disaster when she debuted her video for “American Oxygen” on Tidal. Many think the reason the song flopped is because it debuted on such an unpopular music service. She, as well as other artists who are still on board, may want to take a jump off Jay-Z’s Tidal desperately sinking ship.


Read more at http://www.inquisitr.com/2102743/ja...isaster-in-music-history/#LHtrchfJ7Eovl0F3.99

#TidaLost

 

[African Peasant]

 

[BNT]

Purchased for 50 million
Now worth 250 million


















Camel won

 

[JayGatsby]

 

[DanielAlfredsson]

Purchased for 50 million
Now worth 250 million


















Camel won

I see your point, but "worth" is all relative. Someone has to be willing to pay that for it.

 

[I_Got_Da_Burna]

Purchased for 50 million
Now worth 250 million


















Camel won

NOPE

#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

 

[BNT]

I see your point, but "worth" is all relative. Someone has to be willing to pay that for it.

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

 

[Fade Runner 2049]

I watched the super exclusive bsides concert on YOUTUBE

 

[Icantspell]

you cant have exclusives in 2015

 

[Cloud McFly]

Seems like you want this shyt to fail Just as much as the cacs.

I wonder why.

 

[John Hull]

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.

 

[Fade Runner 2049]

It's business u idiots

 

[The_Sheff]

NOPE

#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

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.

 

[I_Got_Da_Burna]

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

 

[mozichrome]

he tried. i'll give jay that