Let's begin

SOURCE: http://time.com/3836937/jay-z-tidal-tidalfacts/

Verdict: True(ish)
However, the vast majority of those users were using Tidal before Jay Z showed up. Aspiro previously had another music streaming service called WiMP, which had 500,000 paying subscribers at the end of 2014.

Verdict: False

Maybe it wasn’t one day, but the iTunes Store did sell one million songs in its first week of existence. It was wildly successful from the start. Spotify, which launched in 2006, was a bit of a slow burn, but it would be hard to argue that the platform only became successful in 2015. As the digital music space gets more crowded, it’s only going to become more challenging for new entrants to grab significant marketshare.

The spate of bad press Tidal has received since it launched is mostly its own doing. The optics of the launch event, with music’s biggest wealthiest stars on stage begging fans to spend more on music, couldn’t have been worse. Perhaps instead of the press, Jay Z is referring more to behind-the-scenes dealings between streaming competitors and record labels to vie for exclusives and keep artists off of Tidal. That’s almost definitely happening, and competition among the streaming services will only get increasingly fierce as more of the music industry’s revenue pours into the sector.

Verdict: Possibly True

It’s not entirely clear what Jay means by “royalty rate.” If he’s talking about the amount of total revenue that Tidal plans to redistribute to artists and record labels, that would mean Tidal is doling out a larger portion of its total sales than Spotify, which pays 70% of its revenue to music rights holders. A Tidal spokesperson did not identify which rate Jay Z was referring to at press time.

Verdict: True

Yep, Apple’s market capitalization is about $760 billion and a new funding round will reportedly value Spotify at $8.4 billion. YouTube is not worth anything close to $390 billion, but its parent company Google is. And Jay bought Tidal for $56 million, so he’s mostly right here.



Interesting

There are so more true facts in the article if y'all Tidal stans want to try it. But they really don't matter as much since the flashy facts Jay Z presented us with were false or questionable.

I wonder would TIDAL be in the news so much if Dave Grohl or Garth Brooks "owned" it?

Although this article is Jay's fault as they are responding to his statements.

Oh my god.

This.
Is.
Not.
About.
Race.

Jay-z his decline before Tidal he was admired by everyone now everyone hates him and check him

The media is out for blood and I love it.

I enjoy seeing arrogance and narcissism get the dragging it deserves.

.

I know.... This is so unfortunate. If Garth Brooks did it Time would have him on the cover with the #Revolutionary label. I have no doubt that apple has boatloads of money. (Money=Influence).

+1

Well Dave Grohl believes in free music.

This is not a race thing, it's about a multimillionaire egomaniac trying to become even richer and masking it as "caring about artists"

The funny thing is, if no big named celebrity was attached to this TIDAL wouldn't be receiving any lashing. It would probably catch on too.

!!

These stans can't be serious. Meanwhile, there are riots in Baltimore that are the results of continuing racial tension, yet Tidal's failure seems to be their symbol for racism.

It's called having a non-innovative product in an overcrowded streaming market with transparent greed and a bad marketing plan.

If Tidal was an app on PS4 like Spotify, I would get it but they don't.... so...

This.