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Read it at the Wall Street Journal
The CEO of Jay Z's music streaming service, Tidal, has been let go after less than three months on the job. Peter Tonstad became the company's interim CEO in April, after predecessor Andy Chen left the company. The music streaming service aims to provide high royalty fees to artists, but has had a rocky start since Jay Z re-launched the company. “We are thankful to Peter for stepping in as interim CEO and wish him the best for the future,” a spokesperson said.