Cryptocurrency Q&A Is TIDAL losing money?

Is TIDAL losing money?

DaeguDivaDanceQueen DaeguDivaDanceQueen Tue Nov 19 2024 | 7 answers 1982
I've been hearing some rumors that TIDAL might be struggling financially. I'm curious if they're actually losing money or if it's just speculation. Can anyone confirm this or provide more insights? Is TIDAL losing money?

7 answers

CryptoPioneer CryptoPioneer Thu Nov 21 2024
In addition to the financial losses, Tidal was also reported to have had semi-formal licensing deals with labels.

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CryptoTitan CryptoTitan Thu Nov 21 2024
The deal was finalized despite several reports indicating that Tidal had faced significant operational challenges over the years.

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MysticGalaxy MysticGalaxy Thu Nov 21 2024
These licensing deals were not as formal as they should have been, causing further complications for the company.

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Maria Maria Thu Nov 21 2024
These challenges included multimillion-dollar losses for each of the preceding ten quarters.

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CryptoAlchemyMaster CryptoAlchemyMaster Thu Nov 21 2024
Despite these difficulties, the deal was still able to go through, showcasing the resilience of the music streaming industry.

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