If you guessed that it would be expensive for a small streaming service like Tidal to compete with heavyweights like Apple and Spotify, especially through exclusives... you guessed correctly. Tidal's parent company, Aspiro, has reported a $28 million loss for 2015, the year Jay-Z bought it. That's more than twice the $10.4 million loss it chalked up in 2014. While the Wall Street Journal understands that this doesn't include all US financial data (it's not a "complete picture"), it's not exactly flattering. That's particularly true when Tidal didn't have a guaranteed source of funding going into 2016.