Jay Z’s Tidal Music Service Loses Interim CEO

By Christine Zosche 

After a rough launch, Jay Z’s Tidal has lost a corporate leader. “We can confirm interim CEO Peter Tonstad is no longer with the company,” a rep for the music streaming company said. “We are thankful to Peter for stepping in as interim CEO and wish him the best for the future.” (THR)

Tidal, closely held by Jay Z and a group of other musicians, will be run by executives in New York and Oslo until a new chief is in place, the official said. (WSJ)

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