TIDAL’s CEO Has Resigned…

4909753834_28591d8765_b

Back in April TIDAL fired 25 staff members, including their CEO Andy Chen.

Peter Tonstad, former CEO of Aspiro, took over as interim CEO. TIDAL said Tonstad “has a better understanding of the industry and a clear vision for how the company is looking to change the status quo. He’s streamlining resources to ensure talent is maximized to enhance the customer experience.”

Apparently Tonstad’s understanding of the industry told him to get the hell away from TIDAL. Tonstad has resigned.

TIDAL has confirmed Tonstad’s departure, telling Music Ally that they’ll be appointing a permanent CEO.

More information as it becomes available.

 

Nina Ulloa covers breaking news, tech, and more: @nine_u

Photo by felixtsao on Flickr used under the Creative Commons License

2 Responses

  1. Anonymous

    In other words, everything is back to normal in the world of streaming.

    Reply
  2. Name2

    You mean I’m giving them $20 a month and you $0 a month??

    Yes, things are back to normal.

    Reply

Leave a Reply

Your email address will not be published.

Verify Your Humanity *