Changes may be coming to TIDAL. Recently, one of Jack Dorsey’s Twitter follower suggested that he turn his attention toward TIDAL after leaving Twitter. The tech wizard didn’t indicate how the music streaming service would change moving forward, but he did indicate that changes would be coming to the platform.
“We need a new mobile OS that’s web-only,” Jack Dorsey tweeted.
“What if you just spent a year making Tidal really good?” The Verge Editor Chris Welch asked.
“We’re doing that. lots coming soon,” he answered.
Former Twitter CEO Jack Dorsey and his company, Square Inc., purchased an 80% stake in TIDAL last year for more than $300 million. After purchasing a controlling stake in the company, Dorsey said that he wanted to find “new ways for artists to support their work.”
“It comes down to one simple idea: finding new ways for artists to support their work,” Dorsey said.
“New ideas are found at intersections, and we believe there’s a compelling one between music and the economy. I knew TIDAL was something special as soon as I experienced it, and it will continue to be the best home for music, musicians, and culture.”
Since then, Dorsey’s TIDAL has developed documentaries about rising artists and partnered with Meta to host virtual concerts. Most recently, Music Ally has reported that the streaming service generated $56 million in revenue last quarter.