There’s a couple of things you should know, Paul. One: you’re never as odd as you think you are. And two: the things that scare us are the things that keep us human. Never be afraid of being scared. Just don’t allow being scared to dictate the choices you make.
How does TIDAL tend to shift its current perception as a pretentious, self-serving platform for the musical elite, to one referencing the brand essence of being all and for all artists? J: I guess by having a conversation, and telling people what it is. That opinion came before we even explained what it was — “This thing is horrible! … What is it?” You know? You never hear Tim Cook’s net worth whenever he tries to sell you something. Steve Jobs, God bless, he had to have been pretty rich — nobody’s ever said, “Oh, the rich getting richer! I won’t buy an iPhone!” Yeah, right. It’s not about being pretentious; again, this is a thing for all artists. You pay $9.99 for Spotify, so why not $9.99 for TIDAL.
Drake is celebrating is friend Baka (who he mentions in his songs a lot) being out of jail when the reason he was in jail in the first place is human trafficking and rape… I believe he even put out a song to celebrate his friend coming home and there’s a lot of speculation that he may have been apart of it which I don’t believe is far fetched. This is so horrible because you guys know how much I loved him with all of my heart but it’s undebatable that we need to boycott him at this point because it’s very disgusting.
It’s been nearly three years since Frank Ocean released Channel Orange and thankfully we won’t have to wait much longer for his follow-up. Tonight the singer took to his Tumblr to announce that his next album that will be out in July. While he didn’t give many details, he posted the news along with a photo of himself hunched over a pile of magazines that have the same title as his upcoming album.
The Fader has a full transcript of Jay Z’s Q&A that took place at The Clive Davis Institute. From the man himself:
If you have five people paying for music, and ten people consuming it, then the artist starts at –5. We start at 1. There is no free tier and we’ll pay the highest royalty percentage. That’s how we’ll change the industry, as well as through a number of other things which I’m sure you guys are gonna ask about, so, I don’t want to go too into it on the first question.
Here’s what Tidal executive Vania Schlogel continued on with in regards to the services’ royalties:
The royalty rates will be higher than other services. In addition to that, there won’t be that free tier that’s been depressing the recorded music industry, and frankly been a part of what’s been driving the downfall of the recorded music industry, is that free consumption. Music is not free, fundamentally. Someone came in and produced that beat, someone came in and sang that song, someone wrote that song. Someone came in to clean the studio afterwards. There is an entire ecosystem around this, and we’ve somehow come to believe that it’s okay to pay hundreds for consumer electronics but to pay nothing for the music that helps sell it. It’s around the education process, with that there will higher royalties. And then another point that I want to touch on that’s really important philosophically, not just from a dollars and cents perspective, is the equity ownership. All artists who come in — and this is an open platform, an open invitation — will participate in the equity upside. And that is important, too, because of that participation in the process, by having a board seat, by actually being an owner in this. It’s a different type of involvement.
I’m very curious to see royalty statements start coming in from Tidal for the bands on my label and management roster.