https://www.youtube.com/watch?v=U-KBtiamrVg
Jay Z has had a lot of luck in the music industry, so he thought if he launched a pay-per-month music streaming service that it would be a huge success. He was wrong. Less than a month after he launched Tidal, the App has fallen out of the Top 700 Chart on iTunes according to Eonline.
Why did it fail? Who wants to pay $10 a month for digital quality or $20 a month for CD quality music when they can get it for free on services like Pandora or Spotify. Even exclusives from the top artists are not worth the cost.
I knew it was going to fail as I soon as I heard the pay structure. Seriously, did anyone but Jay Z’s ego think it was going to be a huge hit?