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• #WHY ARE JAY Z ALBUMS NOT ON SPOTIFY FREE#

Spotify is still currently in talks to establish a similar deal with Sony and Warner. The lower profits Universal will demand mean Spotify will have more leverage with which to coax investors onboard, as well as a stronger case to present to Wall Street when it inevitably files for an IPO. When they take jay z off spotify /05RkmfcEKI “We know not every album by every artist should be released the same way, and we’ve worked hard with UMG to develop a new, flexible release policy,” Spotify chairman and chief executive officer Daniel Ek said in a statement. Singles will still be universally available upon release.

#WHY ARE JAY Z ALBUMS NOT ON SPOTIFY FREE#

Now, only paid Spotify subscribers can enjoy immediate access to the latest releases, while free users will have to wait a fortnight before the music becomes available. It was this rule that was the source of tension between the beloved music streaming service and Taylor Swift, a rift that was painfully public and resulted in Apple Music’s triumphant acquisition of sole rights to stream Swift’s music. At the moment, Universal has no say on Spotify’s blanket accessibility for users regardless of subscriber status. Under the new agreement, Universal agrees to a lower margin with the caveat that Spotify would loosen its otherwise strict exclusivity rule. Currently, record companies take a 55 percent slice while publishers take an additional 10 to 12 percent. It’s a victory for Spotify, who has been trying to get labels in charge of music licences to take a smaller cut of profits in order to strengthen its revenue stream. The deal came after months of negotiations between Universal and Spotify. SEE ALSO: Closer to ‘Music for Everyone’: Spotify set to launch in Japan next month Tidal is beginning to close ranks and consolidate its assets as the Universal-Spotify deal has thrown a huge gauntlet down into the music streaming industry. Some parties argue it might be a bit late for Jay Z to be pulling his catalog when Tidal has been out for almost two years now, but the sentiment is there. It makes sense why Jay Z would have pulled his catalog from Spotify – Jay Z’s fanbase is still large and could pad out Tidal’s small subscriber numbers. Apple Music has said it has 20 million subscribers at last count, while newcomer Amazon could potentially have a base of 10 million. It has around three million subscribers, while Spotify has around 100 million users, 50 million of whom pay its monthly fee. However, Tidal’s numbers are miniscule compared to its rivals. His move to step into the music streaming business was borne out of frustration with the shoddy compensation artists receive from online music services. The service boasts many of Jay Z’s peers and some of the biggest names in the business, such as Rihanna, Alicia Keys, and wife Beyonce’s Lemonade, which is exclusively available on Tidal. He touted the service as a self-proclaimed artist-friendly service with better royalty deals and improved sound quality. USA TODAY has reached out to Jay-Z's rep for comment.Jay Z acquired Tidal in 2015 for US$56 million. Each of the artists reportedly also were given 3% equity in the company, with Jay-Z holding the remaining stake. More: Fans are crazy in love with Ciara and Russell Wilson’s Beyoncé and Jay-Z Halloween costumesĪt the time, Tidal was backed by his wife, Beyoncé Kanye West  Alicia Keys  Madonna  Chris Martin  Nicki Minaj and Daft Punk. In 2017, the "4:44" artist pulled most of his albums and music from Spotify in favor of his own streaming platform, Tidal, which he bought for $56 million in 2015. He removed some his music from Apple Music in 2016. The tweet included a short clip that showed cover art from Jay-Z's albums dating back to 1996 overlaid with an appropriate song choice from the rapper's collection: "Public Service Announcement." "Happy birthday, Hov," Spotify wrote along with a link that directed people back to Jay-Z's landing page on the platform. "Welcome back to Spotify." The streaming site made the announcement to Twitter on Wednesday. The "Roc-A-Fella Records" founder dropped his music catalog on Spotify after not having most of his music on the platform for the past two years. Jay-Z turned 50 today and the rapper just surprised his fans with a gift. Watch Video: Jay-Z's NFL dreams come crashing down