Looks like the wave isn’t hitting shores for Jay-Z’s, TIDAL.
Despite having an all-star line-up of artists supporting the new music streaming service, TIDAL has suffered a huge drop in Apple app store sales.
According to sources, the Tidal app has fallen out of the top 750 aps. Just a couple weeks ago, it was sitting at the 78th spot in the music category. They still trail behind its competitors, Spotify, Beats Music and Rapsody.
New CEO, Peter Tonstad comments:
I believe in Tidal and what the team is doing to affect the change the music industry needs. We’re streamlining the company and refocusing our resources to ensure the platform continues to grow, and listeners can make a connection to their favorite artists. No one else is doing this.
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