According to Billboard:
Jay Z confirmed that Iovine had been trying to poach the same artists he was courting for Tidal, telling Billboard in a March 30 Q&A: “I think that’s just his competitive nature, and I don’t know if he’s looking at the bigger picture: That it’s not about me and it’s not about him; it’s about the future of the music business.
Yesterday, there was speculation that Drake would sign a deal with Apple for $19 million to work with its iTunes Radio service. Today, Billboard is confirming (through various sources) that Drizzy and Pharrell will somehow be involved with the company. But the nature of their involvement and how much Drizzy will get paid is up in the air. One source told the magazine, “Apple doesn’t normally pay artists for those types of collaborations.”
Apple has a new streaming service in the works, and likely hoped to make a big announcement on that front during the Worldwide Developers Conference next week. However, there’s an ongoing investigation by the Federal Trade Commission over allegations of antitrust practices that pressure music labels to force Spotify’s free streaming subscription shut down.
Did Drake make the right decision regarding Tidal?
