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Tidal struggling with executives leaving, though Jay-Z isn't moving

Tidal shoots down rumors of Jay-Z leaving
By: Michael Hatamoto | Business, Financial & Legal News | Posted: Aug 4, 2015 6:26 pm

Music streaming service Tidal may not have been the greatest investment rap mogul Jay-Z has made, with several more music executives jumping ship. However, Tidal shoots down rumors that Jay-Z plans to step down from the company he purchased earlier this year:

 

 

Tidal is trying desperately to rebrand itself in a competitive streaming music market place, and several executives have left. The company's SVP of label and artist relations, Zena Burns, has left, following the earlier departures of the company CEO (twice), along with US and sales marketing manager David Solomon.

 

The service has exclusive content from the likes of Madonna, Rihanna, Beyonce, Jack White and other artists - but it hasn't been enough to keep stability within the company - or win over new listeners.

 

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NEWS SOURCES:Bet.com, Businessinsider.com, Blameebro.com

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