Since its inception, streaming music service Tidal has always prided itself on being a music streaming service by and for music lovers. Some of the music figures behind Tidslmson Jay-Z, Madonna, Beyonce ...
Despite being the only service that currently offers a higher quality of reproduction through its Hifi service, which costs double than normal subscription Like Apple Music and Spotify, this platform continues to have a minority use among users of this type of service.
Also, most of the income you generate through subscriptions, They are intended for artists, leaving aside investments in the platform, as Spotify does with most of the income it obtains after paying the royalties corresponding to the music companies that own the rights.
This way of working seems that it is managing to end the funds of the company, and according to several reports that have leaked the estimated life of Tidal if it continues at this rate it could be at most six months.
Unsurprisingly, Tidal has denied the news, stating that they hope to start earning benefits from the second quarter of next year. It seems that despite the fact that the Sprint operator acquired 33% of the company last January for 200 million dollars, the management of the company remains in the hands of the founders, which continue to show time and again that their thing is not business.
For now, we can only wait to see how the future of this streaming music platform unfolds, which was accused in 2016 of lie about the number of subscribers that it had, and according to various sources that figure would be close to 1,2 million instead of the 3 million that the company claimed at that time