Internal memo: Block CEO Jack Dorsey says Tidal is in for another mass layoff; insiders say as many as 100 people could be laid off, or ~25% of Tidal's staff
Block CEO and founder Jack Dorsey wants streaming music app Tidal to operate like a startup again - and that means layoffs
Tidal plans to increase its HiFi tier by $1 to $11/month and its family tier by $2 to $17/month in the US starting on August 1; HiFi Plus' pricing is unchanged
Marc Schneider / Billboard :
A US judge dismissed a shareholder lawsuit against Block over its 2021 Tidal acquisition, saying the company was “free to make a terrible business decision”
A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition …
Source: Square has held talks to acquire music streaming service Tidal, which Jay-Z acquired for $56M in early 2015
- Streaming music platform has struggled to keep up with Spotify — Dorsey has met with Jay-Z multiple times during the pandemic — Square Inc., the digital-payment …
After reports that it is inflating streaming numbers for big stars and is late paying royalties, Tidal hires cybersecurity firm to investigate potential breach
Under-fire streaming platform TIDAL has announced that it has enlisted an “independent, third party cyber-security firm” …
Sources: Tidal hires Richard Sanders, former president of music royalty collector Kobalt, as its CEO
Shirley Halperin / Variety :
Tidal confirms the departure of CEO Jeff Toig; source says he exited in March
A replacement for Toig, who was the company's third CEO since its launch, will be announced soon. — Jay Z's music streaming service Tidal has confirmed the departure of Jeff Toig, its third chief ex...
Norwegian newspaper: Tidal publicly claimed 3M members in March 2016, but paid music labels for just 850K subscribers a month later
Paul Resnikoff / Digital Music News :
Norwegian newspaper: Tidal publicly claimed 3M members in March 2016, but paid music labels for just 850K subscribers a month later
Paul Resnikoff / Digital Music News :
Prince's estate sues Tidal's parent company Roc Nation, accusing it of illegally streaming the artist's songs
Pat Pheifer / Star Tribune :