Last week, rumors of Tidal’s failure were swirling. Well, Jay-Z has stepped into the picture to right some wrongs via Twitter, assuring music fans and artists that Tidal is doing just fine.
Tidal is doing just fine. We have over 770,000 subs. We have been in business less than one month. #TidalFacts
— Mr. Carter (@S_C_) April 26, 2015
We are here for the long haul. Please give us a chance to grow & get better. #TidalFacts
— Mr. Carter (@S_C_) April 26, 2015
There are many big companies that are spending millions on a smear campaign. We are not anti-anyone, we are pro-artist & fan. #TidalFacts
— Mr. Carter (@S_C_) April 26, 2015
….Tidal is where artists can give their fans more without the middlemen. #TidalFacts
— Mr. Carter (@S_C_) April 26, 2015
Indie artists who want to work directly w/ us keep 100% of their music. "If you don't want the CEOs all in the videos" haa #tidalfacts
— Mr. Carter (@S_C_) April 26, 2015
Tidal pays 75% royalty rate to ALL artists, writers and producers – not just the founding members on stage.
— Mr. Carter (@S_C_) April 26, 2015
We have Tidal X – it supports artists by giving them a platform to connect with their most loyal fans. Tidal is for all. #Tidalfacts
— Mr. Carter (@S_C_) April 26, 2015
Rich getting richer? Equity values… YouTube $390 billion. Apple $760 billion. Spotify $8 billion. Tidal $60 million. #TidalFacts
— Mr. Carter (@S_C_) April 26, 2015
Our actions will speak louder than words. We made Tidal to bring people the best experiences…
— Mr. Carter (@S_C_) April 26, 2015
and to help artists give that to their fans over and over again…
— Mr. Carter (@S_C_) April 26, 2015
We are human (even Daft Punk ha). We aren't perfect – but we are determined. #TidalFacts
— Mr. Carter (@S_C_) April 26, 2015
According to Page Six, there seems to be a music streaming “war” between Tidal and Apple’s iTunes, and consumers can expect some of their favorite artistes to be allied with either camp and the resulting music made exclusively available for either company’s product. Seeing as it’ll be next to impossible for consumers to create a playlist if the songs are fragmented into the various streaming services, we don’t see how the “war” can benefit the end-user.
What are your thoughts? Hit us up in comments below.
Tags: