Jay-Z Defends Tidal Amid Criticism: We're Doing Just Fine

Hov, who acquired Tidal and relaunched it last month, blames negative stories about the streaming service on unnamed rival companies that are 'spending millions on a smear campaign.'

AceShowbiz - Jay-Z is not giving up on Tidal despite negative responses from critics. A few days after the Tidal app got kicked out of the top 700 on the United States iPhone download chart and hence was deemed a flop, the rapper took to Twitter over the weekend to defend the streaming service he bought last month, saying it's "doing just fine."

"Tidal is doing just fine. We have over 770,000 subs. We have been in business for less than one month," he wrote in the first of a string of posts. "The iTunes Store wasn't built in a day. It took Spotify 9 years to be successful...We are here for the long haul. Please give us a chance to grow & get better."

"There are many big companies that are spending millions on a smear campaign. We are not anti-anyone, we are pro-artist & fan," he continued. "We made Tidal for fans. We have more than just music. We have video, exclusive concerts, tickets for events early, live sports! Tidal is where artists can give their fans more without the middlemen."

Hov went on addressing accusation that the service was a way to make big and rich artists to become bigger and wealthier, adding, "Indie artists who want to work directly w/ us keep 100% of their music... Tidal pays 75|percent| royalty rate to ALL artists, writers and producers - not just the founding members on stage. Rich getting richer? Equity values... YouTube $390 billion. Apple $760 billion. Spotify $8 billion. Tidal $60 million."

"Our actions will speak louder than words. We made Tidal to bring people the best experiences and to help artists give that to their fans over and over again," he concluded. "We are human (even Daft Punk ha). We aren't perfect - but we are determined."

Tidal was relaunched in March with big names in music including Madonna, Rihanna, Alicia Keys, Nicki Minaj, Kanye West and Hov's wife Beyonce Knowles. The service has been heavily criticized, not only by critics but also by fellow musicians including the dudes of Mumford & Sons.

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