In response to a query from USA TODAY, a Tidal spokesman sent this statement: "We have experienced negative stories about Tidal since its inception and we have done nothing but grow the business each year".
Jay Z performs onstage during TIDAL X: Brooklyn at Barclays Center of Brooklyn on October 17, 2017, in NY.
Sky stake changes hands in £39 billion Disney-21st Century Fox deal
The UK Competition and Markets Authority is expected to publish its provisional findings in January. "We are excited by the possibilities of the new Fox , which is already a leader many times over".
In September 2015, Jay Z tweeted that Tidal had hit 1 million subscribers, a number which the newspaper disputed.
Tidal is far from the only streaming service to lose money a year ago. The outlet says that since JAY-Z purchased Oslo-based Tidal in 2015, the company has lost some $60 million - $44 million of it in 2016 alone. In spite of some early assumptions that this capital injection would give Tidal enough working capital for the next 12 to 18 months, it all seems to indicate that they only have sufficient funds to last for six more months.
The report comes almost one year after Sprint purchased a 33% stake in the company for $200 million.
Israeli Air force strikes Gaza following alleged attack on Israel
Wednesday was the sixth day in a row in which rocket attacks were fired by Gaza terrorists at southern Israel. "The military facilities were used as training and weapons storage compounds", the statement said.
Of course, other streaming services reported losses during 2016.
Last year, Jay Z filed suit against the previous owners saying he was given inflated subscriber numbers. Following the claim, Dagens Næringsliv stated the number was closer to 350,000.
Since then, West left Tidal and the two have traded legal pleasantries about their future, according to a report from TMZ.
OIC Calls for Recognizing East-Jerusalem as Occupied Capital of Palestine
At the same time, we must strive to dissuade other countries from following suit in proclaiming the city as Israel's capital.