Tidal — the music streaming service owned by Jack Dorsey’s Block payment processing company — is launching a royalty-tracking toolkit for songwriters. The new feature lets authors organize disparate publisher information in one place. “Songwriters juggle a mix of collection societies, publishing platforms, royalty management services, streaming services, and single-purpose apps to manage their royalties, careers, and catalog,” explains the company, which claims to be the first platform to serve songwriters “throughout the full writing career cycle.” Tidal has partnered with performing rights organization AllTrack to handle the backend. Continue reading Tidal, AllTrack Team to Provide Songwriter Royalty Snapshots

Spotify has launched a Netflix Hub designed to extend the experience of enjoying one’s favorite streaming films and shows through official soundtracks, playlists, podcasts and  exclusive Spotify content. Spotify explained the evolution of the pre-existing partnership by pointing out that within two weeks of the premiere of Netflix’s “Squid Game,” Spotify listeners “created more than 22,500 unique themed playlists.” The new Hub will include “experiences” like the recent Netflix collaboration on an “enhanced album” for the revisionist Western “The Harder They Fall,” featuring producer Jay-Z in a behind-the-scenes look at the soundtrack. Continue reading Spotify Launches Netflix Hub with Soundtracks and Podcasts

Digital payment firm Square is spending $297 million in cash and stock for a majority share of the subscription-based Tidal streaming music service. Tidal owner Jay-Z, born Shawn Carter, will join Square’s board. Now, musicians on Tidal will be able to use Square’s Cash App payment service to digitally store and transfer money. Square hardware lead Jesse Dorogusker, who will temporarily lead Tidal, said, “we’re interested in a 360-degree view of artists as small-business owners,” noting live performances, merchandise and collaborations. Continue reading Square Acquires Majority Stake in Jay-Z’s Tidal Music Service

Jay-Z’s streaming music service Tidal was accused by Norwegian newspaper Dagens Næringsliv and the Norwegian University of Science and Technology (NTNU) of data manipulation, claiming the company faked many millions of streams for Beyoncé’s “Lemonade” and Kanye West’s “The Life of Pablo” albums. That’s considered fraud since labels and rights holders are paid based on the number of streams. Tidal denies the charges but investigators are reportedly looking into the possibility of a data breach. Continue reading Tidal Streaming Music Service Accused of Falsifying Streams

Google plans to maintain its current level of spending on the YouTube Red streaming service for the next two years, unlike Amazon and Netflix, both of which continue to up their investments. After switching its video strategy more than once, YouTube is currently approaching entertainment in three ways: its YouTube Red on-demand streaming service, live video service YouTube TV, and a new music streaming product. YouTube Originals are a “driving force” on YouTube Red, says the company’s chief business officer Robert Kyncl. Continue reading Google Plans to Maintain Current Spending on YouTube Red

Taylor Swift is releasing her sixth album, “Reputation,” on CD, rather than any streaming service, say sources, who suggest that the streaming “blackout” could last one or two weeks. Swift and her label Big Machine Records have declined to be more specific, but an initial streaming blackout would be in line with Swift’s last album, “1989,” which when it was released in 2014 took seven months to reach streaming services, including Spotify, Apple Music and others. Now, “1989” streaming sales dominate over downloads and CDs. Continue reading Taylor Swift’s Album Debuts on CD, Not Streaming Services

Sprint bought a one-third stake in Jay Z’s streaming music service Tidal, after beginning discussions in April 2015. Sprint has not offered details on how much it paid or what the partnership entails, although it says that its subscribers will now have access to Tidal content and that Tidal and its artists will create content specifically for them. Jay Z has stated that he and Sprint share the view of allowing artists to connect directly with fans. Sprint chief executive Marcelo Claure will join the Tidal board of directors. Continue reading Sprint Buys One-Third of Jay Z’s Troubled Tidal Music Service

Apple is in “exploratory talks” to purchase Jay Z’s streaming music service Tidal, according to insiders. Apple is said to be interested in augmenting its Apple Music service with top artists associated with Tidal including Madonna and Kanye West. Tidal landed a number of high profile exclusive releases this year from West, Rihanna and Beyoncé. It is also the only streaming service to feature the catalog of the late pop star Prince. Tidal says it presently has 4.2 million subscribers who pay $20 per month for the high-fidelity version of the service or $10 per month for the standard-quality version. Continue reading Apple in Early Talks to Acquire Tidal Streaming Music Service

The Recording Industry Association of America reports that streaming is booming, more than offsetting declines in CD sales and digital downloads. In 2015, overall revenues rose almost 1 percent to $7 billion, the fifth consecutive year that the market grew — albeit slightly — in wholesale value. But artists and their representatives are saying that the gains aren’t being fairly shared, since many users still listen for free. In 2014, for example, on-demand streams grew 63 percent while revenue increased only 34 percent. Continue reading Streaming Boosts Music Revenues, But Not Equally for Artists

Facing a decline in download sales, Apple plans to launch a competitor to Spotify and other music streaming services. The announcement will likely be made at next week’s Worldwide Developers Conference. In 2003, the iTunes Music Store revolutionized how consumers buy music. While Apple currently sells about 80-85 percent of global music downloads, music consumption has changed, and the company only has a small fraction of the streaming business. Meanwhile, Spotify accounts for 86 percent of on-demand music streaming in the United States. Continue reading Apple Plans Music Streaming Service to Compete with Spotify

Spotify is no longer just about music streaming. The service — facing new pressure from emerging rivals — is adding podcasts, video clips, original music and video series, a better recommendation engine, and a special feature for runners. The new videos and podcasts will come from media partners like ABC, BBC, Comedy Central, ESPN and Maker Studios. Spotify has also developed some of its own original content, including music tracks that will change tempo based on how fast the user is running. Continue reading Spotify Sweetens the Deal with New Video and Podcast Content

Apple is expected to launch its Beats Music streaming service at next month’s developers conference, but the tech giant has not been able to finalize deals with several of the major music labels yet. Originally, Apple tried to negotiate favorable deals with music labels that would allow the company to sell Beats Music for $2 to $5 less per month than the industry standard $10. Meanwhile, Jay Z’s new streaming service, Tidal, claims its deals give artists four times the royalty rate of Spotify. Continue reading Apple Needs to Secure Key Music Deals Before Beats Launch

Rapper and producer Jay Z is promoting his new artist-backed music streaming service Tidal with an exclusive concert. “Tidal X: Jay Z B-Sides” will be held May 13 in New York City. The only way people can get tickets is by submitting a playlist on Tidal. The artist plans to play songs that he has not performed in over 10 years. The concert announcement follows in the wake of Jay Z vehemently defending Tidal on Twitter after other musicians had criticized the service for being too elitist. Continue reading Jay Z to Perform Free Concert Only for Tidal Music Subscribers

Tidal, Jay Z’s new artist-backed music streaming service, is the latest addition to a crowded field of companies offering music online. Spotify, Pandora, Rdio and others have featured similar music libraries — until now. Jay Z’s hit album “Reasonable Doubt” disappeared from Spotify earlier this week, while several top artists started to release content exclusively on Tidal. The competition puts increased pressure on music fans to subscribe to one or more streaming services. Continue reading Tidal Could Come Through on Promise to Change Music Industry

Rap star and mogul Jay Z is giving artists unprecedented control over their music by owning a piece of his new music streaming service. Jay Z bought Tidal, a subscription streaming service, for $56 million and plans to go head-to-head with other streaming services such as Spotify. The platform is a new alternative for artists and labels frustrated with the free streaming model. Tidal will feature $10 and $20 subscription options that provide access to millions of songs and videos. Continue reading Jay Z Has Major Plans for Artist-Backed Streaming Music Service