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Tidal's CEO has left the company


Pure Adrenaline

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Pure Adrenaline

Andy Chen, CEO of Tidal at Norwegian-based parent company Aspiro Group, has left the company. A Tidal spokesperson tells Billboard that Peter Tonstad, Aspiro's former CEO, will serve as interim CEO while a replacement search commences. Although reports initially suggested an additional 25 employees were leaving the company, another Tidal rep says the number of employees is "less than half" the reported number and across the entire global network. Tidal's full statement below: 

"Tidal's new interim CEO is Peter Tonstad * a former CEO of parent company Aspiro Group. He has a better understanding of the industry and a clear vision for how the company is looking to change the status quo. He's streamlining resources to ensure talent is maximized to enhance the customer experience. We've eliminated a handful of positions and refocused our company-wide talent to address departments that need support and cut redundancies. Tidal''s offices globally will remain and grow: we are already hiring for several new positions now. We're excited about our future and what's in-store for fans who want the best listening experience."

 

http://www.billboard.com/articles/business/6538648/tidal-ceo-andy-chen-leaves-layoffs-interim-ceo?utm_source=twitter

 

poor dat

 

It's much more fun to have hizophrenia... u never get lonely
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VelmaDinkley

A perfect time to pull out of the dirty hole before it gets messier. Have u seen how it has sabotaged the artists that signed a contract?

 

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Tidal already floppedT. But Jayz wont admit failure! 

BUY BEAUTY BEHIND THE MADNESS ON ITUNES.
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Vernier

After such a successful launch, I am shocked to hear this

fsHvQZT.gif

Frankly my dear, I don't give a damn
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I think they should admit it was a bad idea and cut their losses. It wasn't a good idea, try something else.

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Caesium

Watch every single person who was a part of it try to run away from the flop it became

 

Put your white tennis shoes on and follow me
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Azor Ahai

Told you this was bound to fail.

Why anyone would ever pay 20$ to listen to music they can find on Youtube.

I can't even understand people who pay for spotify but thats like 10$ and you can still use the free version.

 

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