Tidal Loses its CEO, Again

Started by Oldboy, Jun 23, 2015, in Music Add to Reading List

  1. Oldboy
    Posts: 51,226
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    Jun 23, 2015
    Jay Z’s streaming music service Tidal just lost another CEO. Peter Tonstad, who began his stint as Tidal’s chief executive in April, has left the company.

    News of Tonstad’s resignation was first reported by Northern European news outlets. The company has since confirmed these reports, describing his role as the company as interim CEO and saying that it will be “transitioning to a permanent CEO as part of our strategic plan to create a leading platform.”

    Tidal initially only operated in Northern Europe, and got acquired by Jay Z earlier this year. It launched internationally in March with the support of many big names in the music business, including musicians like Beyonce, Kanye West, Nick Minaj, Madonna, Rihanna and Usher.

    However, the star-studded launch was overshadowed by reports of layoffs and the departure of its previous CEO Andy Chen. Tidal’s chief investment officer Vania Schlogel tried to downplay these issues at Variety‘s Entertainment and Technology Summit in April, where she expressed confidence in Peter Tonstad: “We are excited to be working with Peter…he knows the ins and outs,” she said at the time.


    http://variety.com/2015/digital/news/streaming-music-service-tidal-loses-its-ceo-again-1201525981/


    :bookah:
     
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  2. Besky
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    Jun 23, 2015
    not again :laff:
     
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  3. rapmusik
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    Jun 23, 2015
    Tidal stay losing!
     
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  4. Cain
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    Jun 23, 2015
    Doesn't matter
    Apple music June 30th
     
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  5. Michael Myers
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    Michael Myers Moderator

    Jun 23, 2015
    :hov4:
     
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  6. mow
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    mow long live flippa

    Jun 23, 2015
    [​IMG]
     
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  7. Radeem
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    Radeem I listen to people smarter than me

    Jun 23, 2015
    I'm about to say goodbye to tidal on 30th June. No matter what they would in the upcoming week, it won't be as appealing as 3 months free trial offered by Apple Music.
     
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  8. MFING TREY
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    MFING TREY Got hella hoes like a Home Depot

    Jun 23, 2015
    How much does Apple music cost
     
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  9. Oldboy
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    Jun 23, 2015
    i think $10
     
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  10. Rubens
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    Rubens The truth is an offense but not a sin

    Jun 23, 2015
    Another L for jay
     
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  11. Bman
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    Jun 23, 2015
    Tidal just take the L.
     
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  12. JFK
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    JFK Bleach on my t-shirt

    Jun 23, 2015
    With clear Spotify advantage and Apple Music announced, Tidal is f-----. You can't make a product that's 10% better and expect to beat a giant, established competitor.

    [​IMG]
     
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  13. Fazers
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    Jun 23, 2015
    APPLE IS WORKING WITH MONSANTO TO POSION THE SEEDS OF THE YOUTH. SPOTIFY IS THE SOUND OF THE REBELLION. WE WILL NOT PUT UP WITH THIS ANY LONGER
     
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    King Tadpole Arizona Sky LP by Tadpole

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  15. Old Account
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    Jun 23, 2015
     
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    XXL reporting that he was canned
     
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  17. Ordinary Joel
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    Ordinary Joel Happiness begins when selfishness ends

    Jun 24, 2015
    Obligatory

    TidaL
     
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  18. Juney Dark
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    Juney Dark Illness of Lost Opportunities

    Jun 24, 2015
    tidal LOSES period.

    :hov:
     
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