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# Tidal Losses Double To $28M, May Be Running Out Of Cash
- URL: https://www.hypebot.com/tidal-losses-double-to-28m-may-be-running-out-of-cash/
- Published: 2016-09-14T09:07:00.000Z
- Updated: 2016-09-14T09:07:00.000Z
- Description: Tidal losses doubled year over year to $28 million, according to new filings. The losses say a lot about about Jay Z's model which emphasizes exclusives from top artists, as. Continue reading [https://www.hypebot.com/hypebot/2016/09/tidal-losses-double-to-28m-may-be-running-out-of-cash.html]
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Streaming, album, Apple Music, Dagens Næringsliv, Jay-Z, Kanye West, Nicki Minaj, Spotify, Streaming media, Tidal (service), #wp, #wp-post, #Import 2026-01-21 10:22

[![Tidal logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09367237970d-150wi "Tidal logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09367237970d-popup?ref=hypebot.com)Tidal losses doubled year over year to $28 million, according to new filings. The losses say a lot about about Jay Z's model which emphasizes exclusives from top artists, as well as, the viability of the streaming business model even for a service with no free tier.

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Tidal losses more than doubled to $28 million last year, compared to $10.4 million in 2014, according to the Wall Street Journal. Revenues rose from $36.2 million to just $47 million. Norwegian business newspaper Dagens Naeringsliv analysed the filings by Tidal parent Aspiro AB and concluded that the streaming firm has $438,000 in unpaid bills and overdue payments to more than a hundred creditors.

[![Tidal stars](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c892fc10970b-200wi "Tidal stars")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c892fc10970b-popup?ref=hypebot.com)

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