'Company Jay-Z against 25 million loss'

'Company Jay-Z against 25 million loss'

Tech September 20, 2016 00:54

- "Streaming music provider Tidal, which was acquired in 2015 by rapper Jay-Z, recorded in 2015 a net loss of 25 million euros. This is apparent from documents in the hands of The Wall Street Journal."

"The loss increased by 15 million euros compared to 2014, while turnover with only 30 percent to 42 million euros. According to the business newspaper stands by Jay-Z, the company expects a difficult time."

"Tidal experienced an eventful year in which the exlcusief could offer the albums of superstars like Beyoncé, Rihanna and Kanye West. In June, the service reached 4.2 million paying subscribers, significantly more than half a million members who early had the service in 2015.\n  \n    \n     \n      \n        3:01\n      \n     Look at estate Frits Philips\n     \n     \n      \n        2:59\n      \n     Wilders has to vloggers\n     \n     \n      \n        1:00\n      \n     Chantal Janzen as for woman kickboxer"

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