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But one of the strongest arguments in favour of its starry ownership is that they may have the clout to make music royalties more transparent for all artists.
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The main gripe about Tidal under Jay Z is that it is a bunch of rich artists trying to get richer. Or can it? Will big stars have the clout to secure transparency? Tidal cannot control the terms of those deals any more than its rivals can. The second is for artists to get a bigger share of the money paid to their labels, with contracts ranging from fair to awful on this front. The first is organic growth: the more people use these services, the more streams there will be and so the eventual royalty cheques will be bigger. There are two ways musicians can earn more from streaming. Streaming companies do not pay musicians directly they pay record labels and music publishers, which then pass on whatever percentage of that money each creator’s contract entitles them to. Tidal is claiming it will pay more, but that may not be as easy as it hopes. One of the big talking points around music streaming is how much – or how little – artists and songwriters make from it. The nearest so far is Rhapsody (which operates as Napster outside the US): it clocked up 2.5 million subscribers in February. No subscription-only service has come close to matching Spotify’s total of 15 million paying users.
WHY ARE JAY Z ALBUMS NOT ON SPOTIFY FREE
Here’s the key fact: more than 80% of our subscribers started out as free users,” wrote chief executive Daniel Ek last year. “Our free service drives our paid service. It has 60 million users, and 15 million of them pay for it. Yet Spotify argues that its free tier is crucial in persuading people to buy a monthly subscription. The company is under pressure to introduce more restrictions on its free tier – for example, withholding the latest albums – or even do away with it entirely. Read more What’s wrong with free streaming?Īs the biggest streaming music service, Spotify is most under the cosh in this debate. Taylor Swift pulled her music from Spotify in 2014 in protest at that company’s unwillingness to let her remove it from its free tier, while this year Lucian Grainge – boss of major label Universal Music – has talked publicly about his concerns over free streaming. People really feel like music is free, but will pay $6 for water,” said Jay Z in an interview with trade magazine Billboard. “People are not respecting the music, and devaluing it and devaluing what it really means. The big message from Tidal’s launch was its new owners’ determination to restore the value of music in the eyes (or ears) of listeners, which means making them pay for it, rather than listening for free, as they can on the advertising-supported tiers of rivals Spotify and Deezer. Why do these artists want to own a streaming service? It has yet to confirm whether labels will also get stakes in Tidal, as they have with Spotify, or whether it plans to raise money from venture capital investors. The company is pitching itself as “the first artist-owned global music and entertainment platform”, and promising to give shares to other musicians too. All appeared at the company’s press conference on Tuesday, and all have equity in Tidal too. Not just Jay Z, but Arcade Fire, Beyoncé, Calvin Harris, Coldplay, Daft Punk, Deadmau5, Jack White, Jason Aldean, J Cole, Kanye West, Madonna, Nicki Minaj, Rihanna and Usher. Subscribe here for our free daily newsletter.Tidal is under new ownership, and those owners are musicians. Send in your personal birthday wishes below. Meanwhile, Jay-Z’s streaming service Tidal tweeted out birthday wishes to him and called for fans to do the same as well, writing “Happy birthday, Jay-Z! Send in your personal birthday wishes below.”
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So far, there has been no official announcement as to why exactly his discography made its return to Spotify or whether or not it’s there permanently. t7l4H5zn6Eįans will now be able to stream all their favorite Jay-Z albums on the streaming service. Spotify made the announcement on Twitter, writing, “Happy birthday, Hov. Jay-Z fans, rejoice: the rapper pulled his entire catalog from Spotify and Apple Music back in 2017, making them exclusive to Tidal, but to celebrate his 50th birthday today (Dec.