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# Jay-Z’s TIDAL Is Running Out Of Cash, Bleeding Users [REPORT]
- URL: https://www.hypebot.com/jay-zs-tidal-is-running-out-of-cash-bleeding-users-report/
- Published: 2017-12-13T09:11:39.000Z
- Updated: 2017-12-13T09:11:39.000Z
- Description: Jay-Z fronted music streamer TIDAL has just 6 months of operating capital left, according to a new report, and is losing users as well. In January of this year, Sprint. Continue reading [https://www.hypebot.com/hypebot/2017/12/jay-zs-tidal-is-running-out-of-cash-bleeding-users-report.html]
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Startups & Funding, Streaming, Amazon, Apple, Apple Music, Google, music, music industry, musician, musicians, Pandora, Spotify, Tech Stories, YouTube, #wp, #wp-post, #Import 2026-01-21 10:05

[![Tidal logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2c6f870970c-200wi "Tidal logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2c6f870970c-popup?ref=hypebot.com)Jay-Z fronted music streamer TIDAL has just 6 months of operating capital left, according to a new report, and is losing users as well. In January of this year, Sprint poured $200 million into the streamer based on a $600 million valuation. [![Jay Z](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c93ca3da970b-200wi "Jay Z")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c93ca3da970b-popup?ref=hypebot.com)

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TIDAL has just six months of cash left and is bleeding users, according to a report by Norway's [*Dagens Næringsliv*](https://www.dn.no/etterBors/2017/12/12/2001/Musikk/jay-zs-tidal-gikk-pa-en-kjempesmell?ref=hypebot.com). The new report corroborates earlier characterizations of TIDAL's finances. After an early 2017 $200 million deal with Sprint, the streamer was said to have "sufficient working capital for the next 12-18 months," according to Jay Zs business partner and Roc Nation Sports president Juan Perez. But yesterday a TIDAL spokesperson, tried to paint a different picture."We have experienced negative stories about Tidal since its inception and we have done nothing but grow the business each year," a spokesperson for Tidal told[ Engadget](https://www.engadget.com/2017/12/13/tidal-jay-z-financial-trouble/?ref=hypebot.com) and claiming that the company will break even soon, before achieving profitability in mid-2018.