Jay Z insists that he does not intend to "sink" Spotify with Tidal, but "strike an honest blow" and shape the music industry to better benefit both artists and fans.
"I know everyone thinks "new company, main business competitor is Spotify" but we're really not here to compete with anyone, we're actually here to improve the landscape," he said at a Tidal Q&A at the Clive Davis Institute of Recorded Music.
"If just the presence of Tidal causes other companies to have better pay structure, or to pay more attention to it moving forward, then we've been successful in one way. So we don't really view them as competitors. As the tide rises, all the boats rise."
Spotify is staying silent on Jay Z's decision to remove Reasonable Doubt but promises to "keep working with every artist to ensure all your favourite music is on Spotify". Rocnation is yet to respond to our request for comment.
Interestingly, Taylor Swift's albums, with the exception of 1989, have appeared on Tidal. Swift said last year that she was "not willing to contribute my life's work to an experiment [Spotify] that I don't feel fairly compensates the writers, producers, artists and creators of music".
- Independent
