Is Tidal successful?

While most claim Tidal as one of the best, if not the best, streaming services when it comes to sound quality and artist revenues, there is conflicting information whether the business is a success or a failure.

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It is heard that Tidal is losing both money and users, and will soon run out of cash. This information is spread by referencing to a Norwegian article by Dagens Næringsliv. It is hard to verify the information, since the article is written in Norwegian. The company Tidal itself contradicts and “claims it will break even soon, before achieving profitability in mid-2018”, as a spokesperson for Tidal told Engadget.

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