I was about to say the same. How are they managing to stay afloat?beredy wrote:Every time name TIDAL pops out I'm surprised to hear they still exist. They literally have 0 territories to fall back upon. Deezer at least has like half of France and a lot of visibility in Europe.
Also read this:The statement sounds like a stab at DN's report disputing Jay-Z's updates on Tidal's subscriber numbers just days before Sprint's investment. In September 2015, Jay-Z tweeted that Tidal had hit the 1 million member milestone, but the newspaper claimed internal payments to record labels revealed it to be closer to 350,000. Around six months later he claimed it had reached the 3 million member mark, whereas the number was 850,000. Meanwhile, Tidal had internally circulated a figure of 1.2 million subscribers. Since then, the company has kept quiet about user numbers.
https://www.engadget.com/2017/12/13/tid ... l-trouble/
The company would be screaming publicly if it was in profit, given the sheer amount of bad press it's had over the years - assuming the 1.2 million number to be accurate, that would equate to between $12-$24 million per month.In numbers shared with The Verge, MusicWatch estimates that Tidal today has around 3 million subscribers globally — including trial accounts — and around a 10 percent “aided awareness level” in the US. “That means if you show people a list of paid streaming services, 10 percent say they know about Tidal,” Crupnick said. “It’s about 50 percent for Spotify Premium or Apple Music.”
https://www.theverge.com/2018/6/28/1751 ... pple-music