Jay-Z’s streaming service Tidal ‘loses $28 MILLION’

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.

…Read More

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Amber B

Loves to blog about what is trending in Hip Hop, R&B, and Celebrity Entertainment. Current Obsession is reality television. Love to watch and voice my opinion on what is going on in these shows. Also enjoys spending time with family, reading and vacationing near the water.

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