Jay-Z wants to exit Tidal?

Jay-Z wants to exit Tidal?
Updated 01 August 2015 22:58
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Jay-Z wants to exit Tidal?

Jay-Z wants to exit Tidal?

LOS ANGELES: Rapper Jay-Z reportedly wants to cut ties with Tidal as he never got the money he expected to earn from the streaming company. The rap mogul is trying to leave the company, which he co-owns with a string of A-listers like Madonna, Rihanna, Kanye West, Nicki Minaj and more, reported Aceshowbiz.
Jay-Z is apparently fed up with the problems Tidal has been facing since day one.
Reports suggest that Jay-Z has lost millions because the money he expected to earn from Tidal never came in. He’s now trying to get out of his investment in the streaming company before he loses more.
Tidal has never been a big hit since it was launched back in March, originally to rival Spotify, although it has offered several exclusive contents. Following numerous criticisms directed at Tidal over its high price point, its co-owner including Jay-Z, Jack White and Madonna spoke out in defense of the service.
Tidal has been facing a lot of problems in terms of criticism over its high price point and a $ 50 million lawsuit filed against it by Cash Money. The label sued the company after another Tidal co-owner Lil Wayne, who has been feuding with Birdman over the delay of “Tha Carter V”, dropped his “Free Weezy Album” exclusively on the service.