These kind of deals are way too big to have been because of the Spotify announcements, but it probably added some interesting final hour conversations!
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Twitter bought Tidal…
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Twi-dal.
(20 characters can really ruin a punchline sometimes)
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Yep, the 20 character thing is a pain in the ass for quick tomfoolery.
Twitter buying them bothers me, doesnt seem right for some reason. I dont do the social media outside of some dedicated forums so perhaps I just dont understand the gloriousness of it.
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I’m not sure if this is meant to save Jack Dorsey or Jay-Z, or if it’s just a routine business decision.
- Twitter’s market is narrowing post-election.
- Tidal has been up against giants for a long time (Amazon, Apple, Google), as well as Qobuz.
- Square is really expensive for vendors to use.
The big tech firms really, truly run society. Do you prefer to send your money to Jeff Bezos or Jack Dorsey?
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I don’t social media much either.
I think it has something to do with having too much walking around money.
Mark Gosdin
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Bezos sends me stuff in the mail; Im not convinced he actually personally packs and posts its though.
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I prefer to send my money to Jeff Bezos, Jack Dorsey, Tim Cook, and others. I prefer an ecosystem where they all compete.
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Following this! Interested to see more coverage and updates as it progresses.
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If I remember correctly, Jay-Z originally invested around $56M on Tidal. Pretty darn good return on his original investment.
Some other info. NY Times Tidal, which Jay-Z bought in partnership with other artists in 2015 for $56 million, provides members access to music, music videos and exclusive content from artists, but the streaming music industry has been dominated by competitors like Spotify, Apple and Amazon.
In 2017, Jay-Z sold 33 percent of the company to Sprint for an undisclosed amount. (After a merger, Sprint is now a part of T-Mobile.) Earlier this week, Jay-Z bought back the shares from T-Mobile, and most will be sold to Square as part of the deal."
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“Black Twitter, what’s that? When Jack gets paid, do you?”
— Jay-Z entrepreneur
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I care less about who owns it, and more about what management decisions they make running it.
If they start screwing with the library all the time (which happens far far too often as it is), running up subscription prices or create unfriendly sub tiers, or force everything to MQA, I’ll drop 'em like a hot potato.
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Considering the propensity for censorship, I think it’s time for qobuz, sending that twit any of my money willingly will leave me nauseous…
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I prefer Qobuz for its SQ. Had both and chose Qobuz.
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I think Jay-Z knows Spotify Hifi is going to be trouble for Tidal, so he’s cashing in while he can. I don’t know about you guys, but once Spotify’s catalog is available at CD quality I see no reason to pay more for Tidal. I’ll keep Qubuz for hi res streaming (and because I love its curation) and Spotify Hifi for everything that is not available in Qobuz’s catalog.
Not sure what Dorsey is thinking except maybe that Tidal has always leaned into branding which could have synergy with a social media empire. Time will tell, I guess.
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The big downside with Spotify is lack of support for Roon. With that, I’d ditch Tidal and just use Spotify (I have both)
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The lack of Roon integration is an annoyance. I guess it will be up to just how well its web player or app plays the high res stuff. Im not deep into Roon so I can ignore it (prefer Audirvana SQ) without consequence.
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I don’t understand the fascination with Roon. Seems like a lot of money to spend every month just for an interface. But yeah, if you’re deep into Roon I can see how Tidal could still be preferable.
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Do you believe Spotify will maintain its price? I ceased my Tidal subscription a while back. Using Qobuz now. If Spotify was priced right, I might upgrade my free Spotify account to the CD Quality one. For the most part CD Quality works for me. Hi-res is nice but its more about the mastering IMO. There are some great Redbook recordings out there.
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Yeah I’m totally fine with cd quality too but the last time I tried Spotify the sound quality was garbage. I had the exact same lossy file and the one in my library sounded better than in Spotify…then again that was a long time ago. Maybe not an issue now…
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