The problem is that the freemium music subscription makes no economic sense so I can understand why they created Tidal. Pandora and Spotify are destroying sales and a lot of niche genres like Jazz are seeing huge drops in their sales due to streaming. Infact they were getting so little, a lot of them started pulling their music and saw their sales increase.
They want to get consumers to start back paying for music while giving artist their dues. Music isn't being supported like it was in the past which is making it a lot harder to musicians to make a living. It's not true that all of these artist out here are eating good off of tour money or are rich. A lot of them are stunting and if you aren't a big artist, you're not going to be making much money. Some bands/musicians will pull in the low six figures but will have expenses exceeding that meaning that they lost money touring.
Spotify needs to die and Tidal can do it if it plays its cards right. Taylor Swift pulled her shyt from Spotify for a reason because she's a hustler and not as financially ignorant as a lot of musicians are.
They want to get consumers to start back paying for music while giving artist their dues. Music isn't being supported like it was in the past which is making it a lot harder to musicians to make a living. It's not true that all of these artist out here are eating good off of tour money or are rich. A lot of them are stunting and if you aren't a big artist, you're not going to be making much money. Some bands/musicians will pull in the low six figures but will have expenses exceeding that meaning that they lost money touring.
Spotify needs to die and Tidal can do it if it plays its cards right. Taylor Swift pulled her shyt from Spotify for a reason because she's a hustler and not as financially ignorant as a lot of musicians are.
This is like when you guys were laughing at the On the Run Tour flopping only for it to make 100 milion.
Jay-z was a fool to think he was gonna take down a giant.