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The Ugly Truth About Spotify Is Finally Revealed
(www.honest-broker.com)
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this post was submitted on 24 Dec 2024
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Technology
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Tidal has decided to sunset it's app, which means it's basically on maintenance mode now. Somewhat off putting.
Did they? Couldn't find an announcement on the fly.
They laid off 10% of their workforce last year, and like 20% of the remaining work force late this year with cuts to engineering expected. It is not in a healthy place, seemingly, and they cover a very small slither of the market.
Edit: Couldn't find the exact article I had read before but this one seems well formatted. https://www.headphonesty.com/2024/12/tidal-bets-future-artists-djs/
It doesn't help that their parent company makes so little from them compared to a series of crypto ventures, but what can really compare to that.
Boy, that's a bummer. Thanks for the information, I've missed that.