Categories: Industry NewsJay Z

Jay Z’s ‘Tidal’ Branded A ‘Flop’ By Industry Analysts

Published: Wednesday 22nd Apr 2015 by Rashad

Not even the combined powers of superstar acts Beyonce, Rihanna, Madonna, and Alicia Keys have proven themselves enough to keep Tidal afloat, industry insiders suggest.

For, after last month’s ginormous press circus surrounding the launch of the app – billed “the first music streaming service that combines the best high fidelity sound quality, high definition music videos and expertly curated editorial” – ‘Tidal’ seems to be drowning in a sea of competition.

Get the details below:

Via EOnline:

“Tidal is not a free service. Users have a choice between paying $10 a month for digital audio-quality (a compressed format similar to what you get with Spotify) or $20 a month for CD-quality sound.

And it turns out that people are not a fan.

Two weeks after Tidal briefly cracked the U.S. iPhone top 20 download chart, the app has crashed out of the top 700, according to BGR. Do you understand what that means? There are 700 other apps that people like more than Tidal.”

 

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Reports indicate that as of April 20th, Spotify and Pandora both occupied spots in the top 5 U.S. iPhone revenue chart – a first for two music streaming services.

All hope is far from lost for ‘Tidal,’ however.  Leave it to Hov and co. to figure out a dynamic comeback.

Your thoughts?

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