2. digital
  3. 136302-20042

Tidal and MQA..two questions.

Tidal seems to be in financial trouble as it has been reported in many news outlets. Jay-Z is having problems with not paying artists and paying two artists too much money.
https://siliconangle.com/blog/2018/05/20/tidal-investigates-data-breach-led-allegations-fraud-financ...
1. Therefore if Jay-Z was forced to sell the artist owned company ...who would bail it out?
2. Also are there any other streaming services that offer MQA content (other than Tidal)?

128x128Ag insider logo xs@2x2psyop
grannyring's avatar
grannyring
6,591 posts
 
Sprint already owns a significant portion of Tidal. 
jond's avatar
jond
5,947 posts
 
Interestingly at the end of that article there is a suggestion Sprint would sell its one third share in Tidal.
2psyop's avatar
Ag insider logo xs@2x
2psyop OP
1,743 posts
 
Yes I think Sprint may do that. But for those who do listen to MQA content and the investment the recording companies and Bob Stuart has placed into MQA where will one be able to listen to MQA if Tidal folds? I would think someone will buy it???
tomcy6's avatar
tomcy6
2,617 posts
 
Someone will buy it. Streaming was 65% of music revenue last year. Jay-Z seems to need a lot of money so he’ll probably sell eventually. That would be OK with me as I’d rather have the emphasis on the site on something other than hip-hop/contemporary R&B.
More to discover