Jay Z's TIDAL has fired two executives, CFO Chris Hart and COO Nils Juell, Billboard reports.
Tidal music streaming service(Billboard.com)
The
streaming service released a statement about their termination,
explaining that the company is transitioning offices from Oslo, Norway
to New York.
"As Tidal has grown into a global
operation serving 46 countries we have moved our accounting and
operations team to New York while our technology team and key support
staff remain in Oslo."
TIDAL went through three CEOs last year. The position is currently held by Jeff Toig.
The streaming service is facing a $5 million lawsuit from an independent artist.
There are also reports that Samsung is in talks to purchase the company.
TIDAL is co-owned by multiple musicians including Jay Z, Beyonce and, most recently, TIP. It premiered the streams of Rihanna's ANTI and Lil Wayne's Free Weezy Album. Kanye West's The Life of Pablo is available exclusively through the service.