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# Tidal CEO Jeff Toig Out – 3rd Top Exec Departure In 2 Years
- URL: https://www.hypebot.com/tidal-ceo-jeff-toig-out-3rd-top-exec-departure-in-2-years/
- Published: 2017-05-26T10:22:30.000Z
- Updated: 2017-05-26T10:22:30.000Z
- Description: Tidal CEO Jeff Toig is out. It's the 3rd departure of the top executive at Jay Z's streaming music service in 2 years. Despite superstar backers and a recent $200. Continue reading [https://www.hypebot.com/hypebot/2017/05/tidal-ceo-jeff-toig-out-3rd-top-exec-departure-in-2-years.html]
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Streaming, Amazon, Apple, Apple Music, Google, music, music industry, musician, musicians, Pandora, Spotify, Tech Stories, YouTube, #wp, #wp-post, #Import 2026-01-21 10:13

[![Tidal logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb099f52a5970d-200wi "Tidal logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb099f52a5970d-popup?ref=hypebot.com)Tidal CEO Jeff Toig is out. It's the 3rd departure of the top executive at Jay Z's streaming music service in 2 years. Despite superstar backers and a recent $200 million investment from Sprint, Tidal has failed to gain major traction even as Spotify, Apple Music and others have fueled a music industry resurgence."As part of Tidal’s continued expansion this year we will be announcing a new CEO in the coming weeks," the company said in a statement to [Billboard. ](http://www.billboard.com/articles/business/7809477/tidal-ceo-jeff-toig-departure-jeffrey-new-executive?ref=hypebot.com)"We wish \[Jeff Toig\] all the best in his future endeavors." Toig joined Tidal as CEO in January 2016 after a stint as chief business executive at SoundCloud. 

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