Tidal Lost a Ton of Money in 2015: Report

Despite these losses revenue was up 30 percent. That’s decent, but given how much marketing muscle TIDAL put behind its service, it’s not great. Costs more than tripled in 2015, undoubtedly due to the amount of promotion and marketing costs the service has endured since its US launch last year. Beyoncé and Kanye aren’t cheap. – Christina Warren, Gizmodo http://gizmo.do/18cQfvn