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“Jay is an artist as well as an entrepreneur.
And whereas Tidal might have the help of individual artists, in many instances the distribution rights to their music are managed by record firms. Lucian Grainge, the chairman of the Universal Music Group, mentioned he welcomed Tidal’s arrival. “We like a lot of services and we like a number of competition,” Mr. Grainge mentioned. “Jay is an artist as well as an entrepreneur. Music executives briefed on his plans have been extra prosaic, calling it a hub for entertainment content and social media. Different ideas, like links for live performance tickets and merchandise sales, have been mentioned as potentialities.
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