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Does Jay Z Own Spotify?

What used to be a dream of the future is now part of everyday life thanks to providers like Spotify, subscribers can listen to their favorite songs anytime, anywhere. Music streaming services let you access the latest hits. You don’t have to wait in vain for the radio to play the right song. Instead of buying every new album from your top artists, you have a huge selection of subscriptions. This saves costs and space.

Spotify has the largest market share of any music streaming service worldwide. The choice of 70 million songs in the service’s music storage is impressive. There is also a wide selection of podcasts, audiobooks, radio stations and now videos. You can easily manage playlists and even share them with your friends. You can download content on the go. Here, too, there is a free plan with ads without a download function. Students and families save at special rates.

Does Jay Z Own Spotify

Spotify is one of the music streaming services that is becoming more and more popular all over the world. This is partly due to cooperation with well-known web portals and mobile operators. The user interface is intuitive and the selection of songs is very large. Thanks to individual radio stations, the user can discover new artists. There are also many podcasts and audiobooks. Performance as well as sound quality is stable. In addition, Spotify boasts a very wide platform support, it is available on all operating systems. Some features are built into a rather complex user interface.

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But many fans of the Swedish music streaming service are wondering who owns it. For some reason, some users are sure that the world-famous American rapper and multibillionaire Jay Z is the owner of Spotify. But this is not a correct assumption. In fact, in this case, users confuse the two well-known streaming services Spotify and Tidal. Jay Z does own a music streaming platform, but Tidal. To be more precise, he was a co-owner of this service, among the owners of which there are about a dozen artists of world renown.

Swedish Spotify is owned by Daniel Ek and Martin Laurentson, who founded the company in 2006. Jay Z albums have been missing from Spotify’s music library for some time. By and large, their absence was due to the intense competition between the two music streaming platforms. But lately, the songs of this famous American rapper have reappeared on Spotify.

For music lovers, Jay Z sold his piece to Tidal in March 2021.

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