While TIDAL's hi-fidelity offerings and artist-backed initiative seems quite impressive, it just might not be convincing enough for Spotify users to make the switch. However, JAY Z has been so adamant about about his new music streaming venture that he has now removed his debut album Reasonable Doubt, which is considered by many to be a classic, from Spotify. During his Q&A session in New York University, the rapper-entrepreneur shared a major reason why artists are making the switch. Hov notes:
“You guys may have seen some of the stats like, Aloe Blacc had a song that was streamed 168 million times and he got paid $4,000. For us, it’s not us standing here saying we’re poor musicians. If you provide a service, you should be compensated for it. And not just artists — just think about the writers and the producers.”
What are your thoughts?