Another major executive leaves Tidal following Jay-Z acquisition

Another major executive leaves Tidal following Jay-Z acquisition
Ever since rapper and entrepreneur Jay-Z acquired high fidelity music streaming platform Tidal this year, there have been questions about whether the service can compete against heavy hitters like Spotify, Apple, and Google.

It appears that a few major executives from the company also agree with those questions.

CIO Vania Schlogel left the company over the summer, after leading the company's search for investments and heading PR, as well. Schlogel is the third high level executive to leave since Jay-Z's purchase, following former CEO Andy Chen and Chen's replacement Peter Tonstad.

Despite star-studded co-owners like Madonna, Kanye West, Nicki Minaj, Daft Punk, Rihanna and Jack White, most industry insiders see little chance of the company lasting another year.

Source:
NYT


Written by: Andre Yoskowitz @ 14 Nov 2015 13:41
Tags
Music Streaming Tidal
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  • 2 comments
  • hearme0

    It cannot compete........hence why it's already fading into the shadows.

    Jay-Z is a douche

    14.11.2015 21:26 #1

  • omendata

    Jaz zee kan yay Nicky (who the hell is she) Minge and mad donna are complete wankers no wonder the rats are leaving the ship - its sinking fast with those arseholes at the helm.

    15.11.2015 21:53 #2

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