Spotify chairman: "I've got 99 problems, and Jay-Z ain't one"

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http://www.businessinsider.in/SPOTI...s-and-Jay-Z-aint-one/articleshow/47192200.cms

Martin Lorentzon, the chairman of music streaming service Spotify, isn't worried about the impending threat from competitors including Tidal and Apple.
In fact, he's joking about it.

Tidal held a relaunch conference in March in New York, that featured a collection of some of the most famous people in music. A big part of Tidal is securing exclusive releases from stars including Jay Z himself, as well as his wife Beyonce and musicians like Rihanna and Daft Punk.

That could damage Spotify - if musicians start taking their music elsewhere then customers might reconsider signing up to Spotify. But it looks like for now, at least, Spotify isn't too worried.
 
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