Jay-Z’s solo work is also almost entirely. According to a statement made to the Verge by Spotify, the removal came at the request of the artist. All of Jay-Z’s solo albums have been removed from the Apple Music and Spotify streaming services. This article was originally published on FORTUNE. Tidal Owner Jay-Z Pulls Every Album from Spotify, Apple Music. In January, Sprint purchased a 33% stake in a deal that reportedly valued the company at $600 million, compared to its 2015 purchase price of $56 million. Though it has not managed to substantially dent the subscription numbers of frontrunners in the streaming music industry, Carter has still turned Tidal into a very solid investment. Some of the albums in question are over a decade old, and despite Jay-Z’s lasting impact on hip hop, his attention is now focused on his array of business ventures, and his currency among young music fans has waned significantly. While it’s probably good optics for an owner of a streaming service to remove his music from competing services, it’s interesting that it took this long, possibly thanks to licensing arrangements involving third parties.Īnd while it’s in line with Tidal’s broader focus on exclusives, it seems unlikely that Carter’s move will dramatically boost Tidal’s appeal for subscribers.
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The removal of Jay-Z’s albums from competing services has happened incrementally, with prime-era Jay-Z albums including Reasonable Doubt and The Blueprint series removed in 20. Finance News Market Data Crypto Bank of England Money Matters Property. Spotify, however, has argued that this balkanization of content is harmful to music fans’ experience, and to the music industry overall. Tidal Owner Jay-Z Pulls Every Album from Spotify, Apple Music HOME MAIL NEWS FINANCE SPORT CELEBRITY STYLE WEATHER MORE. Aspiro AB, the TIDAL parent acquired by Jay Z last year, posted a net loss of 239 million Swedish kronor, according to the document, or roughly 28 million in red ink. In response, Apple Music has offered some exclusives of its own, including from R&B singer Frank Ocean. Many Tidal exclusives have been short-lived, though, and may not have converted many paying customers. It saw significant expansions of its user base when it offered exclusives from Carter’s wife Beyonce and longtime collaborator Kanye West. Since then, Tidal’s expansion strategy has largely revolved around exclusive content, both new and old.
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