Tidal ‘loses $28 MILLION’
By Amber B
Jay-Z’s music streaming service Tidal reportedly posted heavy losses and struggled to make payments on time last year.
Tidal’s parent group Aspiro had a loss of $28 million (239.5 million Swedish kronor) last year, according to the Norwegian business daily Dagens Naeringsliv.
The outlet discovered the huge losses after examining the accounts of the Swedish-based company.
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