Source: http://www.crazydaysandnights.net
If you thought he was cooking the books in regards to sales and downloads, just wait until investors see the real books and all the money he has been pocketing while they lose theirs.
Should be fun times for the A+ list celebrity.
Jay Z
JAY-Z’s Tidal reportedly losing millions of dollars, could run out of cash within six months
JAY-Z’s Tidal may be on the verge of sinking.
The music streaming service is reportedly losing money to the tune of tens of millions of dollars per year, and may not have enough dough to stick around for another six months, Norwegian newspaper Dagens Næringsliv reports.
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.
Still, Tidal reportedly claims it’s on track to turn a profit in mid-2018. – Source
