Cyrus Langhorne
Country music star Taylor Swift has reportedly decided to show loyalty toward hip-hop mogul Jay Z and his new Tidal streaming music amid her publicized issues with services like Spotify.
According to reports, Swift’s tunes are now showing up on Hov’s new service.
As of yesterday, tracks from Taylor Swift are streaming on Tidal. Aspiro services are available in dozens of countries, but has only around 500,000 total subscribers and just 17,000 on Tidal as of December 2014. There are over 15 million paid subscribers and 60 million active users on Spotify. So why does Swift want to be on Tidal and not Spotify? She is protesting the free tier on Spotify, which she says doesn’t fairly compensate artists. Tidal, by contrast, focuses on providing extremely high quality audio files and is only available to subscribers willing to pay $20 a month, double the cost of Spotify. (The Verge)
Check out more details behind Jay’s music service on the next page…
According to reports, the music streaming service comes with a notable monthly price tag.
The company plans to appeal to audiophiles and others by offering lossless, 1,411 kbps, 44.1kHz/16-bit sound, curated editorial features and interviews, commercial-free music videos, a sleek design, and a stamp of approval provided by none other than Jay Z. The problem is, at $19.99 a month, competing against the more well-worn services like Spotify and Rdio, which cost half as much, is going to be difficult. (Vulture)
Jay recently made a hefty $56 million bid for Swedish music company Aspiro.
“All conditions for completion of the offer have been fulfilled, and the offer is therefore declared unconditional,’’ Project Panther said in a statement. “Accordingly, Panther will complete the acquisition of the shares tendered in the offer.” The statement did not offer details on the “99 Problems” rapper’s intentions for the streaming technology beyond a January statement about plans for “global expansion and upscaling of Aspiro’s platform, technology and services.” (NY Daily News)
According to reports, Hov recruited a handful of music stars to discuss the streaming service.
Sources tell me that a few days before the Grammy Awards in February, the rap entrepreneur (real name Shawn Carter) hosted a group of music superstars at an all day meeting. The guests were like a meeting of the music version of the Avengers or Justice League of America. They included Madonna, Kanye West, Daft Punk, Nikki Minaj, Chris Martin of Coldplay, Jack White and of course, wife Beyonce. “Rihanna came in at the end,” one source said. “They all kept saying, Where is Rihanna?” At least two country music stars attended as well. (Showbiz 411)
That’s a huge W for Jay!!!!!!
massive
yo yall cant give me this a week late….i expect yall to be the first to post this stuff man!!!
It’s a boom or bust move. Competing with the establishment while charging twice as much is going to be a hard sell. Jay is going rely on his name and Beyonce popularity to even make that money bac . Good move by him but it’s a high risk average reward deal