Tag Archives: Tidal

Tidal Suspected of Falsifying Streaming Numbers

It seems Tidal music streaming service continues to have problems. The company has been called out for suspect financials and false claims about the number of subscribers, among other issues. Now it seems that Tidal may be falsifying the number of downloads for two of its biggest stars.

According to the Swedish newspaper Dagens Næringsliv (DN) Tidal has misrepresented the amount of plays Beyoncé’s Lemonade and Kanye West’s The Life of Pablo had by “several hundred million” false plays. More plays means more money for the two artists one of which is married to Tidal’s owner JayZ.  

DN reported receiving a hard drive filled with play data from Tidal that included play times, song titles, user IDs and country codes. DN asked the Norwegian University of Science and Technology for a data analysis. In the published executive summary, the school claims “there had in fact been a manipulation of the data at particular times due to the large presence of similar duplicate records occurring for a large percentage of the user base that was active at any given time.”

Three Tidal subscribers were contacted by DN about data that said they played the albums. The records showed that one subscriber played The Life of Pablo 96 times in a single day, 54 plays occurred in the middle of the night. According to the subscriber that would’ve been “physically impossible.”

Another Tidal subscriber was shown to have streamed Beyoncé’s 46-minute album 180 times in 24 hours. That claim was also denied. Just doing the math reveals that would add up to nearly 8,280 minutes. There are only 1,440 minutes in 24 hours.

Tidal has challenged the validity of the data on the hard drive. But according to DN, the data matches exactly with information Tidal sent to record labels.

According to the university, given the nature of the manipulation, its not likely this was an outside attack or a bug in the software code but rather internal meddling. Tidal is accused of accessing subscriber accounts to play tracks of The Life of Pablo over 150 million times. According to the report the plays occurred at exactly the same times; 2am and 5am. Beyonce’s Lemonade was also streamed at the same second and millisecond.

The result of this alleged manipulation comes down to money. Payouts to Sony added up to $4 million between April and May 2016. Lemonade, released in April of 2016, accounted for $2.5 million of that. Tidal reportedly paid Universal nearly $3 million between February and March 2016. The Life of Pablo accounted for $2.4 million. But, again, more play equals more money for the artists.

In response Tidal denies any wrongdoing. A Tidal spokesperson said DN’s article was a “smear campaign,” adding that, “We expect nothing less from them than this ridiculous story, lies and falsehoods. The information was stolen and manipulated and we will fight these claims vigorously.”

 

 

JayZ! What’s Up With Tidal?

Tidal, JayZ’s music streaming service, is still going through some changes. Some say its going out of business. Others say it’s on solid ground and growing. It’s all about who you believe. But any way you look at it, things are happening.

The most recent announcement from Tidal is that it is launching apps for Apple and Android streaming television. Subscribers to Tidal will now be able to stream not only  Tidal’s entire library of music but also video content like concerts, livestreams, and music videos directly on their TVs. 

The new apps are just the latest moves by Tidal.  Tidal recently added support for Apple’s CarPlay along with integration with Sonos speakers. The move is seen as a way for Tidal to reach listeners on AppleTV which doesn’t have a Spotify app.

The Tidal TV app is currently available on iTunes and Google Play.

But there is more to this story. Can Tidal even survive? Music streaming is a brutal business. JayZ knew this when he got in the game. His edge was to pay artists more for their work than other music streaming services and include them as part owners. Good idea. But is it working?

News reports are surfacing that Tidal is facing both money and subscriber growth issues. According to Norway’s Dagens Næringsliv (DN) Tidal is losing money to the tune of  $44 million dollars before taxes in 2016. The report also said that Tidal is down to just six months of operating capital. Most recently Tidal picked up a nice chunk of change from Sprint who purchased a 33 percent stake for $200 million.  The deal included a reported $75 million fund for exclusive content. Was that enough to keep Tidal afloat? According to JayZ’s business partner Juan Perez the money gave Tidal “sufficient working capital for the next 12-18 months.” 

A spokesperson for Tidal told Endgadget, “We have experienced negative stories about Tidal since its inception and we have done nothing but grow the business each year.” The company claims it will achieve profitability in middle of this year.

But Jay-Z’s report of Tidal’s subscribers is in dispute. In September 2015, Jay-Z tweeted that Tidal had over 1 million subscribers. But DN reported internal records of payments to record labels showed that number to be closer to 350,000. Six months later JayZ claimed it had reached the 3 million subscribers. Some say the number was actually 850,000. Internally Tidal claims about 1.2 million subscribers but has kept quiet about the numbers every since. 

But whatever the numbers are they lag way behind the really big boys of music streaming like  Spotify which, as of July of last year, claimed more than 60 million subscribers and Apple Music with 30 million subscribers.

One final note, JayZ’s boy, Kanye West, might want to pay attention since he considering a move into music streaming. There are lessons to be learned here.

Breaking It Down.

Tidal is in trouble. JayZ has the right idea to pay artists more and offering them ownership in Tidal. But JayZ has to do two things. First he needs to get real and come clean about the subscriber situation and the money situation. Get that out there. Then he needs to take a step back and focus on building audience. He has the content and he and his wife can reach millions of people. Focus on bringing the upcoming generation to his Tidal service. Bring new artist up. I know he has the connections with the top artists in the industry. But can he find the next big star? The new names. JayZ needs to take hip-hop and pop music forward a step or two. Forget competing with Apple or Spotify. Forget whats happening now. Work on what going to happen next. Someone found JayZ on a street corner in New York. He needs to go back to that same corner and see who took his place. Focus on a smaller segment of the market. Become a more exclusive service for the new generations. Bring in new names and subscribers will come running. Tidal is small. Stay that way until you get big.

 

Celebrity Cyber Report – LeBron James, Dwayne Wade, Dave Chappelle, Kanye West

LeBron James

YouTube has added another big name to its Red subscription streaming service. NBA legend LeBron James will get executive producer credit for “Best Shot,” an eight-episode documentary covering a high school basketball team. The team is being mentored by former NBA star Jay Williams. “Best Shot” follows the players struggles with life’s everyday challenges while simultaneously chasing their hoop dreams.

The documentary will be directed by Michael John Warren. Warren has impressive credentials and is best known for his documentaries on hip-hop stars Jay-Z and Nicki Minaj. No date has been released for “Best Shot” so look for it on Red sometime in 2018.

Dwayne Wade

Another NBA star showing up on streaming media is James’  teammate Dwayne Wade. Facebook is offering a reality based show with the NBA star.  The show, which premiered on November 20th,  gives fans a look inside the star’s daily life.  Entitled “BackCourt” cameras follow the three time NBA champion as he travels to Europe for fashion events, attempts to master golf all the while managing his business interests.

Wade will be joining other pro athletes with Facebook programs to include Lonzo Ball of the L.A.Lakers and his family,  and Raider’s running back Marshawn Lynch.  Episodes of “BackCourt” will air on Mondays.

Dave Chapelle

According to Variety comedian Dave Chappelle’s third Netflix special, “Dave Chappelle: Equanimity,” is set to debut on the streaming service on New Year’s Eve.  This is Chapelle’s first exclusive comedy special for Netflix. Last year Netflix announced that Chapelle would perform three specials for the channel.  The first two performances, released in March, were  shows performed at Austin City Limits entitled “Deep in the Heart of Texas” and “The Age of Spin: Live at the Hollywood Palladium.” Both were previously un-released performances. 

In addition to Chappelle’s specials, Netflix is rumored to have dropped $40 million for the rights to two Chris Rock specials.

Kanye West

Rapper and all around attention getter Kanye West is taking his business empire into cyber space. According to reports West’s business people recently filed a trademark for a new service called “Yeezy Sound.” “Yeezy Sound” is intended to do everything from stream music to broadcast television.

“Yeezy Sound” trademark statement reveals the service will offer “streaming music, audio, images, video, and other multimedia over the Internet, mobile devices, wireless networks, and other computer networks and electronic communication networks.”

Essentially Kanye is getting into the merciless combat that is fought among the likes of  Apple Music, Spotify, Tidal, and YouTube. Other services from “Yeezy Sound” will include “providing online chat rooms, online electronic bulletin boards and community forums” allowing fans and other users to communicate.

Kanye is known for his ego and grand aspirations. “Yeezy Sound” is no different. It appears that the bruising he is sure to receive in the music streaming game is not enough. “Yeezy Sound” will also seek  “broadcasting of cable television, television and radio programs” as well as “video streaming services via the Internet, featuring independent films and movies.” So it seems he is also picking a fight with heavyweights Hulu and Netflix. Good luck brother!

Celebrity Cyber Report – Serena Williams, Wendy Williams and JayZ

Serena Williams

Serena Williams and SurveyMonkey CEO Zander Lurie (Image courtesy of Recode)

Tennis superstar Serena Williams has taken on the challenge of diversity in the technology industry. Williams has joined the board of directors of SurveyMonkey along with Intuit CEO Brad Smith.  Williams says she wants to help solve the diversity problem in Silicon Valley.

SurveyMonkey employs about 650 workers. Women represent 27 percent of its technology jobs. Just 14 percent of its total payroll consists of African-Americans according to numbers the company provided.

“I feel like diversity is something I speak to,” Williams said in an interview with The Associated Press. “Change is always happening; change is always building. What is important to me is to be at the forefront of the change and to make it easier for the next person that comes behind me.”

Although Williams exact goals are not clear she feels that her presence on the board can help open up the valley to more diversity.

Williams is pregnant and engaged to technology entrepreneur, Alexis Ohanian co-founder of the online forum Reddit. Williams expressed her disappointment in the lack of diversity in high paying technology jobs.

SurveyMonkey, like many technology companies, are looking for a way to change the diversity equation. Williams’ appointment is part of the solution, according to SurveyMonkey CEO Zander Lurie. “My focus is to bring in change agents around the table who can open our eyes,” he said.

Williams’ became linked to to SurveyMonkey through her friendship with Facebook’s chief operating officer Sheryl Sandberg, another member of SurveyMonkey’s board.

“I have been really interested in getting involved in Silicon Valley for years, so I have been kind of in the wading waters,” Williams said. “Now, I am jumping into the deep end of the pool. When I do something, I go all out.”

Wendy Williams

Day time talk show host Wendy Williams is reaching out to her audience using a new app. Williams just launched ‘Wendy Digitala new entertainment and lifestyle app. Williams is deploying the technology to strengthen her already powerful connection with her audience. 

‘Wendy Digital’ will allow her audience to get to know her better by extending the show to their smartphones and mobile devices increasing interactivity. The app will offer staples of her television show that includes the very popular Hot Topics. Fans will able to participate in the often saucy discussions. The app will also offer shopping from her HSN Collection and outfit of the day or “OOTD.” The ETrivia function permits her audience to test their celebrity knowledge and win prizes. Wendy is using the app to share a little of herself by offering ‘Suddenly Wendy” that gives her fans exclusive video and behind scenes  views of “Wendy’s World.” 

‘Wendy Digital’ is free and available for Apple and Android devices.

JayZ and Tidal

JayZ continues to struggle with his Tidal Music Streaming service. The company announced the loss of yet another CEO. Tidal confirmed that it had jettisoned its third CEO in two years, Jeff Toig. In a statement to Billboard.com  the company wrote, “As part of Tidal’s continued expansion this year we will be announcing a new CEO in the coming weeks. We wish Toig all the best in his future endeavors.”

Toig took the reigns of CEO in January 2016 during its rocky launch. Toig replaced Peter Tonstad who replaced Andy Chen.

JayZ purchased Aspiro a Swedish ­technology company and its Winamp ­streaming service in 2015 for $56 million dollars. He renamed it Tidal and added powerful music stars like his wife Beyonce, friend Kanye West, Daft Punk, Nicki Minaj, Prince and many others. All seeking a away to get their fair share of music streaming revenue.

However, Tidal has struggled in the highly competitive music streaming business. Most importantly Tidal has struggled to attract and hold paid subscribers. Tidal has an estimated one million paid users falling far behind streaming leaders Spotify, 50 million subscribers and Apple Music, 20 million subscribers.

Adding to JayZ’s headaches is a report from a Norwegian newspaper saying Tidal has been inflating subscriber numbers to the media, the public and investors.

 

Celebrity Cyber Report – Barry Jenkins, Prince

Barry Jenkins

Barry Jenkins, director of the Academy Award winning film “Moonlight” has signed a deal with Amazon. Jenkins will write and direct a dramatic series based on the best selling book “The Underground Railroad” by Colson Whitehead. The streaming television series will follow the life of a young escaped slave named Cora.

Jenkins was a relative unknown until he directed “Moonlight.” His work includes the film “Medicine for Melancholy.” He directed one episode of the Netflix series “Dead White People“, and one episode of Futurestates on PBS

If you follow the Oscars you will remember that “Moonlight” was at the center of an onstage debacle at the Oscars.  The award for Best Picture was mistakenly given to the film “La La Land“. The mistake was quickly corrected and the statuette was handed over on stage. Moonlight also won for Best Adapted Screenplay, and Mahershala Ali won Best Supporting Actor.

Jenkins’ Pastel Productions will executive produce the series in cooperation  with Brad Pitt’s Plan B Entertainment. Pitt and Plan B also produced “Moonlight.”

Jenkins praised the partnership with Amazon saying the streaming service’s “reference for storytelling and freeness of form” as being “wholly in line with our vision.”

Prince

Prince is reborn online. His Royal Purpleness had a rocky relationship with the Internet and his music was rarely found online. But since his tragic death Prince’s music has returned to online streaming.

Prince’s music hasn’t been on Spotify  or any music streaming service for years. Prince fans can still buy it on iTunes,  but its availability on Apple Music is very limited. 

Prince was always very protective of his work and felt the Internet cheated artists of their true value. He removed his music a from the major streaming services, with the exception of  JayZ’s Tidal. But with his death things are changing. The Purple One is back.

Prince’s albums and compilation albums from Warner Bros., 27 of them, have returned to to streaming sites. Albums now available include some his most popular including “For You”, “Prince”, “Dirty Mind”, “Controversy”, “1999″, “Purple Rain”, and others.

Prince, the man is no longer with us. But Prince the artist lives on and continues to produce music. CEO of Warner Bros. Records, Cameron Strang  said in a statement that the company is “deeply aware of our responsibility to safeguard and nurture his incredible legacy.” Warner Bros. is planning to release a re-mastered edition of Purple Rain. In addition the company is also working on two albums of Prince’s unreleased music,  and two live concert films scheduled for relaese early this summer.  Prince has an agreement with Warner Bros. to license his pre-1996 music releases. 

Prince’s music catalog, including unheard rare releases, landed on the streaming services after the Grammy’s. You can hear his mighty Purple legacy on streaming music services, including Apple Music, Amazon Unlimited, Deezer, Google Play, Pandora and Spotify.

Celebrity Cyber Report – JayZ, Kevin Durant

JayZ

Rapper/entreprenuer/business mogul JayZ is launching a venture capital fund. The brother has the Midas touch and knows how to use it. In 2011 the husband of Beyonce invested in Uber and that blew up. The ride company is worth 200 times what was when he invested. He launched RocaWear. BOOM! That blew up. He purchased Tidal and jumped into the streaming media game. He is also invested in several alcohol beverage brands. Put simply this black man knows where to put money to make money.

JayZ and longtime friend and business partner and RocNation co-founder Jay Brown are hooking up withPrimary Venture Partners and GlassBridge Asset Management to form the new firm, Arrive. Primary acting as advisor to guide JayZ’s investments, and GlassBridge will provide business infrastructure support. JayZ is currently looking for the right mind to lead the fund.

JayZ  and RocNation have an impressive track record when it come to investing. Check it out.

  • Stance The Jays’ Roc Nation invested $6 million in the premium sock company Stance. It’s gone on to raise a total of $116 million from top Silicon Valley investors.
  • Uber Jay Z invested when the company was valued at just $300 million. Now Uber is valued at $62.5 billion.
  • JetSmarter JayZ personally invested in JetSmarter’s in 2014 and 2016. The “Uber for private jets” startup is hoping people will pay huge upfront membership fees for free luxury flights later.
  • DevialetRocNation’s most recent investments is with high-end french speaker maker Devialet. It’s too early to tell but Devialet speakers get rave reviews and are sold at Apple stores.

But not all has been rosy for the rapper. Investing is a gamble and sometime you lose. JayZ dropped money on Viddy/Supernova an “Instagram for video” concept in 2012 before Instagram became the Instagram for video. The company failed, was re-branded as Supernova, and was sold. No profit there.  RocNation invested in BlackJet a private jet startup in 2012. BlackJet crashed taking JayZ’s money with it.

JayZ and RocNation are expected to focus on seed-stage funding of tech startups.

NBA All Star Kevin Durant

Last summer the Golden Sate Warriors landed the most sought after NBA baller, probably in the history of the game, Kevin Durant. The Golden State is the home of Silicon Valley, the home of high tech gold. Making himself at home Durant and his agent Richard Kleiman unveiled a start-up of their own, the Durant Company, with an expanding portfolio of investments in tech companies like Postmates and Acorns. The portfolio also holds investments in hotels, restaurants, film and television development. Durant is  also investing with Ronald Conway, one of Silicon Valley’s top angel investors and consulting with Laurene Powell Jobs, Steve Jobs’s widow, on his own charity foundation.

Durant may have caught the tech investment bug from his teammate Andre Iguodala, who is an investor in Twitter, Facebook and Tesla. By the way Durant drives a black Model S Tesla.

See also: Durant Puts His Money and Celebrity Behind Postmates.

Sprint Buys a Piece of Tidal

Cellphone carrier Sprint just dropped $200 million on JayZ for a nice chunk of his Tidal music streaming service.

JayZ purchased Tidal in 2015 for the purpose of getting artist a greater share of the music royalties. He was effective in getting numerous artists to join the service including his wife Beyonce. But his investment seemed to turn sour from day one as Tidal encountered one crisis after another. The service has been mired in lawsuits from various artists including the Prince estate. Tidal has also been accused of falsifying the number of  subscribers. Several executives have been fired or resigned. And to top it all off the service has yet to turn a profit.

It appears that after two years of negotiations Sprint has made a substantial investment in Tidal. For their $200 million Sprint takes a 33 percent stake in the company. That cash will help shore up Tidal which has had problems paying music labels. For almost a year Tidal has been looking for a partner and briefly flirted with both Apple and Samsung before Sprint returned to the table.

For Sprint the deal could be used as an incentive to grow its subcribers by offering access to early tickets sales or private shows from some of Tidal’s artist/owners. This type of incentive has worked with other cell carriers. This not new territory for Sprint which partnered with Spotify for bundle offerings within its “Framily plans” in 2014.

According to Billboard.com the additional cash will allow Tidal to create of a $75 million marketing fund for Tidal artist exclusives and initiatives. This initiative could mean more exclusive releases coming to Tidal in 2017 along with more concerts and music videos. Billboard.com estimates Tidal’s market value to be nearly $600 million.

Officially Sprint and Tidal have not released any details as to how the two would mutually benefit but Sprint says more information will be “available soon.”

Breaking It Down

JayZ is fighter. Tidal has not been the jewel he thought it was when he purchased it but it is a jewel just the same. With all the problems and the money issues the streaming service has JayZ understands that music will always be in demand. He just has to figure how to tap into that demand. His fight is to find Tidal’s niche. Let me tell you this, if Apple and Samsung both were considering buying the company then it becomes obvious that it has value. This value includes a nice list of artists that both own a piece of Tidal as well as provide content.  So what is the niche? Well that answer is yet to come but one thing is for sure; $200 million will certain help find it. Sprint understands that to survive in the cellphone industry it must expand its offerings. Keep in mind that cellphone carriers are in a life and death struggle to survive against the constant rise of smaller carriers serving market niches with better prices and no contracts.  Offering the latest cellphones just doesn’t cut it anymore. Content is king. Tidal has content.

 

Celebrity Cyber Report – Andre Iguodala, JayZ vs. The Prince Estate

iguodala-suit

Andre Iguodala

NBA players, like most pro athletes, make a nice income. Well lets be real; they make a helluva lot of money. Now one of their own, Andre Iguodala, is introducing them to a new game, tech investing.

Iguolada, the Golden State Warriors All-Star and NBA Finals MVP, is an investor in several companies with his business partner, Rudy Cline Thomas. Recently Inguodala and Thomas participated in a question-and-answer session with startup owners at LinkedIn headquarters in San Francisco.

Iguodala made a savvy business move by joining the Golden States Warriors. He became part of one of the greatest teams in NBA history but also moved closer to the Silicon Valley. Iguodala came to the Bay Area with his eye on a championship and the tech start up investment opportunities.

The NBA star is doing his best to get other players interested in the start up game as well.

“I’m just trying to get my colleagues to understand that there is a space for us outside of our normal investing,” said Iguodala. “You normally see players investing in the barbershop. You see the music companies. You see a lot of real estate. You don’t see many go outside of their comfort zones. We want to change that.”

Since joining the Warriors Iguodala has jumped on the Silicon Valley tech scene like an errant pass.  He joins other NBA stars that include his teammate Steph Curry who invested in a online coaching service app, and a  social media platform. L.A. Clippers star Chris Paul co-created Game Vision, an app that uses games it claims will increase court vision awareness. Laker great Kobe Bryant has launched a $100 million dollar venture capital firm and Carmelo Anthony has created his own firm, Melo7 Tech Partners.

Many NBA players and other professional athletes have made millions outside of playing sports. But Iguodala points out that there is more to be made than just standing in front of a camera and endorsing a product.

“That’s the biggest thing, because the way we dealt with businesses in the past is a direct transaction: You pay me this amount and I’ll take a picture or endorse your product. I think the landscape has changed as far as endorsements are concerned because consumers are smarter. They know what’s authentic, what’s organic and what’s genuine.”

Because of this belief  Iguodala and Cline Thomas launched the National Basketball Players Association’s inaugural tech summit. This gathering took place last July and hooked up current and former NBA with key tech execs in San Francisco. Using his influence as the vice president for the player’s union Iguodala made it happen.

More than 30 NBA players participated in the three-day event.  “The response was amazing,” said Iguodala. “A lot of them, said, ‘Wow, we didn’t know what you meant?'” Cline Thomas added, “Some players are already investing. All it took was some exposure.”

JayZ vs. The Prince Estate

Prince’s record label NPG has gone to war with JayZ’s Roc Nation and it’s parent company Tidal.

Prince’s record label, NPG Records, filed the lawsuit in Minnesota accusing Roc Nation and Tidal of copyright infringement. NPG claims Tidal streamed Prince’s music without permission after his death. NPG Records gave Tidal exclusive streaming rights to the album, Hit ‘n Run Phase One, but for only 90 days. But NPG claims that after Prince’s death, Tidal began streaming as many as 15 of Prince’s other albums. NPG never agreed to that and characterized the move as exploitation.

Roc Nation disputes the claim. JayZ’s label says they have paperwork proving “various agreements between the relevant parties”  giving them rights to the music. NPG says it hasn’t seen any of these “agreements.” Roc Nation/Tidal and NPG have been at odds for some time, but Tuesday’s lawsuit has opened a new front in the battle.

Like all wars the sides and the issues are often complicated. This legal battle is complicated by a recent deal between Prince’s estate and Universal Music Publishing Group. According to Minneapolis Star Tribune Universal was named “the exclusive worldwide publishing administrator” for all of Prince’s music. Tidal took issue with the agreement and filed its own paperwork claiming that a previous contract gave it exclusive streaming rights. 

After the death of many celebrities and artists their estates become worth far more than they ever were in life. And Prince is no different. So the war has begun.

Celebrity Cyber Report – Beyonce, Jay-Z

beyonce-22Black artists and athletes are all seeing the value of technology. Beyonce, the ‘Queen Bee’ herself has jumped into the technology investment game. But Beyonce is showing her smarts when it comes to the tech game. Miss Bee and her management company, Parkwood Entertainment, dropped $150,000 on Sidestep, the company that created an app that lets music fans purchase those concert t-shirts and other merchandise and pick it up without waiting in line.

Beyonce and her business people understand that concert souvenirs bring in a nice chunk of change. Anyway you look at it for a superstar like Beyonce  this is a smart move. The Sidestep app started selling t-shirts and posters for Beyoncé’s current world tour. Apparently the purchasing app must’ve performed pretty well since Beyonce invested in the company a mere two weeks. Beyonce is also invested in her husbands Jay-Z’s  music streaming service  Tidal.

You can download the app for Apple devices here. Click here for Android.

tidal-share.239a2bdcSpeaking of Jay-Z and Tidal things are not so smooth over there. According to an Esquire.com report the music service has been nothing but disappointing. Tidal was supposed to be the standard in high fidelity music streaming with a nice share of the money going to the artists. At least that was the original idea. And plenty of artists and music fans jumped on board. But according to reports Tidal has become known for slow download times and little if any increase in the sound quality for too much money. Complaints have surfaced that Tidal has been luring in listeners by promising a complimentary trial subscription then making it difficult if not impossible to cancel the  subscription before it automatically starts charging.  Tidal has also been stringing users along with some shady tactics like Kanye’s  Life of Pablo album release. The rapper updated The Life of Pablo with new songs right as the 30-day free trial ended.

But the news gets worse. Tidal has made some decent moves with people like having his wife Beyonce and buddy Kanye onboard but there is still the problem of money. Tidal is losing it big time!

 According to the Wall Street Journal Tidal lost $28 million last year as reported by the streaming service’s Aspiro AB holding company. That’s down another $17.4 million more over 2014. The WSJ reports that Tidal is struggling to pay its bills owing roughly $438,000 to about 100 record labels and is lacking enough on hand capital to make it through 2016. The bottom line is, Tidal bleeding to death…slowly.

 

Celebrity Cyber Report – Drake, Carmelo Anthony

drake-cut-his-beard

Drake

According to Billboard, rap artist Drake has broke out with his his first solo hit “One Dance.’ The cut is one of two singles from his new album Views. The second cut  ‘Pop Style’ reached the top spot on the newest edition of the Billboard Hot 100. ‘Views’ skyrocketed to the top with first week sales of over 1 million units. Drake shattered the record for first-week streaming totals even though it was available exclusively on Apple Music.

Drake is an accomplished artist but has never had a number one hit he could call his own. Nine other Drake songs have made it to the top ten and come temptingly close but fell short only reaching the number two spot.  These include 2009’s  ‘Best I Ever Had’ and 2015’s monster hit ‘Hotline Bling.’ Drakes exclusive deal with Apple iTunes contributed to the album missing out on the top spot . Drake’s only other number one hit was laid on Rihanna’s 2010 “What’s My Name?” and this year’s “Work,” both rose to the top spot.

The most amazing fact of Drake’s recent success is that he sold a million units of ‘View” in less than five days on Apple iTunes and its subscription streaming service.

‘Views’ was released on April 29 and had 191 million plays by the following Tuesday blowing Beyonce’s ‘Lemonade’ out of the water. The biggest difference between the two releases? The services they each chose to exclusively stream through.

Let’s look at the numbers. Beyonce released “Lemonade’ through her husband Jay-Z’s Tidal music service. Drake through Apple. So its not hard to understand why Drake’s new album became so popular so quickly. He got a helluva of a lot more from Apple Music’s three times larger subscriber base than Jay-Z’s Tidal.  Apple simply had more ears to pump Drakes music into. Drake is riding high on Apple iTunes and launching a summer tour.

‘Melo’

carmelo-anthony-photo

Carmelo Anthony

Preparing himself for life after basketball Knicks star Carmelo Anthony is setting his sites on the tech industry. Anthony has partnered with Stuart Goldfarb to promote technology entrepreneurship forming Melo7 Tech Partners a venture capital fund.

Anthony and Goldfarb hooked up socially and soon began discussing a business venture. Anthony has had a long time interest in technology and said, “The money is enticing but it’s also the thrill of being involved with businesses and companies changing the world today. Tech is changing the world in everything we do, whether it’s sports, fashion, music…. regardless of what it is tech is changing the world.”

The NBA New York Knicks are using Catapult , a wearble device to collect data and analytics on the team’s performance. “In the NBA everything is data. Everything is data driven,” said Anthony.

But ‘Melo‘ as he is known, maybe looking at some cutting edge technology investments. According to Goldfarb virtual reality and augmented reality devices are technologies that spark investment interest from the fund.

“For me the most interesting thing is fan engagement,” Anthony said. Virtual reality could give fans at home an opportunity to experience a game as if they were courtside,” he said. “And who wouldn’t want that?”