It seems Jay Z has found a business associate in Taylor Swift.
More on the above, below…
Swift made headlines last year when it emerged that her brand new LP ‘1989’ would not be available to stream on Spotify, prompting the company’s CEO to issue the statement below.
You can’t look at Spotify in isolation — even though Taylor can pull her music off Spotify (where we license and pay for every song we’ve ever played), her songs are all over services and sites like YouTube and Soundcloud, where people can listen all they want for free.
Any way you cut it, one thing is clear — we’re paying an enormous amount of money to labels and publishers for distribution to artists and songwriters, and significantly more than any other streaming service.
Now it seems Swift has had a change of heart.
For, Jay Z’s new ‘TIDAL’ streaming service is now streaming all of her albums (save ‘1989′), doing so after he met with Madonna, Beyonce, Rihanna and Nicki Minaj to discuss and celebrate his recent purchase of the business.
Swift is yet to reveal why she’s thrown her support behind the Roc Nation mogul after blasting his rivals over at Spotify with this message, but is undoubtedly aware that placing her music on his service is just the kind of endorsement this rising platform needs.