Tidal Music Service Names Its Third Chief Executive

Wall Street Journal: Eight months after launching Tidal, rap mogul Jay Z already hired the fledgling music service’s third chief executive. The company said Jeff Toig—the former chief business officer of SoundCloud, a Berlin-based audio-sharing service—would take over as Tidal’s CEO in January. His arrival caps off a hectic year for Tidal, which charges $20 a month for a high-fidelity version of its 40 million song catalog.