Last week there were rumors Jay Z's music streaming service Tidal was bleeding cash and that Jay was looking to get out [click here if you missed that].
Now there's word that three upper level management execs have already jumped ship…
From Hits Daily Double
Following the loss of Tidal’s second CEO, Peter Tonstad, an array of upper-management executives have been jumping of the Tidaltanic. Sources tell us that not only has SVP Label and Artist Relations Zena Burns bailed, but that in the past two weeks Chief Marketing Officer Jeff Geisler has accepted a similar post at Saatchi & Saatchi.
Roc Nation EVP Strategic Marketing, Business Development, Business Affairs Jennifer Justice is also rumored to have abandoned the Good Ship Jay. Interestingly, Justice joined Roc Nation as general counsel in 2010, and not only served as Jay Z’s personal lawyer, but oversaw Roc Nation Nation’s business deals, partnerships and strategic development, including the Samsung distribution deal for Magna Carta Holy Grail.