Music streaming service Tidal is facing both money and user growth woes, according to Norways Dagens Næringsliv. After reportedly losing roughly NOK$368 million ($44 million dollars) before taxes in 2016, Tidal is now left with just enough cash to last six months. This despite Sprint buying a 33 percent stake in Jay-Zs streaming service in January. The $200 million deal, which included a reported $75 million fund for exclusive content, shouldve given Tidal sufficient working capi…<...Read more
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