By 2017, Sprint bought a 33 percent stake in Tidal, following reports that the company was in sales talks with Apple. The embattled Tidal was touted as an outlet to net artists a greater share of streaming profits, but appeared unable to substantially grow its customer base.Ī year after acquiring Tidal, Jay-Z shot off a letter to its previous owners, accusing them of overstating subscriber numbers at the time of the deal. The next year, he introduced fellow artists such as Rihanna and Alicia Keys as co-owners. Jay-Z acquired Tidal for $56 million in 2014 from Norwegian media firm Schibsted ASA. Jay-Z’s solo work was yanked from both Apple and Spotify in April 2017.Īlthough the 22-time Grammy winner’s catalog was promptly restored to Apple Music - it remained banned on Spotify “at the request of the artist.” Reps for the Roc Nation founder did not immediately respond to The Post’s request for comment - but Spotify’s lucrative streaming profits were surely the big draw. Immediate fan reactions ranged from bemused disbelief to “it’s about damn time.” “Happy birthday, Hov, Welcome back to Spotify,” the company hyped Wednesday morning on Twitter. The Tidal has turned for Jay-Z and Spotify.Īfter a two-year impasse, the rapper-producer is celebrating his 50th birthday Wednesday - with a surprise gift to the music-streaming giant.ĭespite being the high-profile owner of rival music streaming service Tidal, the artist born Shawn Corey Carter has re-released his entire music catalog.
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