Rapper Kanye West debuted “his new album, ‘The Life of Pablo,’ exclusively through the Jay Z-owned [Tidal] streaming music service,” Patrick Seitz reports for Investor’s Business Daily. “West also announced that he would not offer the album through Apple.”
“It’s been a busy few days for self-proclaimed genius West. He released his new album on Tidal after performing on ‘Saturday Night Live’ over the weekend,” Seitz reports. “He also announced that he is $53 million in debt and asked Facebook CEO Mark Zuckerberg for $1 billion. And he got into a new spat with pop star Taylor Swift and proclaimed himself this generation’s Walt Disney.”
MacDailyNews Take: And then he announced he was going into intensive therapy to treat his delusions of grandeur brought on by unchecked Narcissistic Personality Disorder? No, not yet? Too bad.
“West later took to Twitter to announce that the album would never be on Apple iTunes, Apple Music and presumably other services, such as Spotify,” Seitz reports. “‘My album will never never never be on Apple. And it will never be for sale… You can only get it on Tidal,’ West tweeted on Monday.”
“Tidal might not get much traction from the West album release because it upset customers who wanted to download the album,” Seitz reports. “Tidal initially offered the album as a digital download, as well as via the streaming option. But customers who paid for the album (at $20 a pop) were unable to download it. They were also hit with a mysterious $1 service fee, TechCrunch reported. Some customers reported being double-billed for the album and the service fee. West later decided not to offer the album for download on Tidal, and customers are left waiting for refunds.”
MacDailyNews Take: All three of them?
Read more in the full article here.
MacDailyNews Take: The Life of Pablum is more like it.
Richard Windsor, Edison Investment Research analyst, in a note to clients today:
“Apple and Spotify are likely to be the main beneficiaries of Tidal’s woes, but we think that Tidal’s numbers are so small that it is unlikely to make a visible difference to either company. Apple and Spotify remain the two leaders in music streaming and the only two (excluding YouTube) that are likely to be around long term.”
Jay Z’s Tidal music service loses second CEO in six months – June 23, 2015
Half of Tidal’s owners may have to pull their own music – May 29, 2015
Why Jay-Z’s Tidal music venture is a complete disaster – May 28, 2015
Jay-Z’s Tidal music service is already a spectacular flop – April 21, 2015
Why Jay-Z’s ‘Tidal’ music subscription service doesn’t matter – March 31, 2015