Jay Z slams Rumors That Tidal is Failing | Says His Cousin Moved to Nigeria to Discover New Talents!
Jay Z has addressed rumors that Tidal is failing and says that there are people spending millions to bad mouth his nascent company, but it takes time for a company to grow into a successful enterprise citing Spotify as an example.
“Itune store wasn’t built in a day. Took Sportify 9 years to be successful”
“There are big companies spending millions in smear campaign. We are not anti-anyone. We are pro fans and pro artists.”
The rapper cum entrepreneur also said that he is sending his cousin to Nigeria to discover talents and to help the company grow. He also said that Tidal is here for the long haul and his company is paying relatively high royalty rate to artists, compared to other companies.
” We are here for a long haul “
” Tidal pays 75% royalty rate to all artists “