Jay Z Tweets in Defense of Tidal
Before the public utters, "we off that," after hearing rumors that Jay Z's latest vested interested, music streaming service, Tidal is tanking, Hov has something to say. Earlier today, Jigga took to Twitter (so you know it's real) to shut down rumors that the streaming service is faltering. "Tidal is doing just fine. We have over 770,000 subs. We have been in business less than one month," he typed, starting off a lengthy run of Tweets on the company's stature.
Last week, when Kanye West reportedly erased some tweets in support of Tidal and the app fell out of the top 750 in the iTunes app store, people started to speculate whether status of the company was solid. According to the Brooklyn rap mogul, another rival company might have spread rumors about Tidal's downfall. "There are many big companies that are spending millions on a smear campaign. We are not anti-anyone, we are pro-artist & fan," he posted. "Our actions will speak louder than words," he later added. "We made Tidal to bring people the best experiences..." Hov says his team is already hard at work and mentioned his cousin relocated to Nigeria to scout new talent which may include Nigerian MC Ice Prince.
As previously reported, Jay Z's partners in the company include Beyoncé, Kanye West, Nicki Minaj, Madonna, Usher, J. Cole and others. Tidal is the ”first-ever artist-owned global music and entertainment platform” and claims to offer artists 75 percent royalty rates and lets indie artists keep 100 percent of their music. The service cost subscribers $19.99 per month for high fidelity service, or $9.99 for standard.
Check out Jigga's Tidal assessment, below.