Over the week reports surfaced that Jay-z's new streaming service Tidal, is already a big flop after dropping out of iTunes’ Top 700 downloads list.
The rap mogul took to Twitter to dismiss the rumors, claiming there are many big companies spending millions on a smear campaign!
The rap mogul took to Twitter to dismiss the rumors, claiming there are many big companies spending millions on a smear campaign!
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
The iTunes Store wasn't built in a day. It took Spotify 9 years to be successful…
— Mr. Carter (@S_C_) April 26, 2015
We made Tidal for fans. We have more than just music. We have video, exclusive concerts, tickets for events early, live sports!...
— 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
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
We are human (even Daft Punk ha). We aren't perfect - but we are determined. #TidalFacts
— Mr. Carter (@S_C_) April 26, 2015