“It’s like a natural progression of what you do, to create art and protect your art and have a dialog with the people who consume it. It felt a little weird on the surface, but when you delve down there’s a lot in common.”ĭorsey then asked Jay what was the biggest surprise for him in his path as an entrepreneur. What really dawned on me was how weak some of the tool sets are for artists, with analytics and data, to understand what they’re doing and help them inform their decisions, especially considering other revenue streams like merchandise and touring and NFTs. And in conversation it just became so apparent that there were so many parallels in spirit because of what a musician and a small business is going through. I’d tell you stories about our work around helping small businesses - most of the financial industry is working against them. So our conversations just naturally aligned.”ĭorsey added, “We started talking a year ago now and saw so many parallels. You create a business, take out a small loan, get the things you need to help you be successful and build it out from there. And the things that Square and Cash App were doing is pretty much aligned with what one does with their own brand.
Jay replied, “I think we were aligned in our conversation, and viewing artists and creatives as small businesses and treating each individual artist as a business. The pair were joined by a couple of up-and-coming musicians who had appeared in Tidal-curated “Best of” lists: a songwriter from Detroit named Olivia Dear, and one from Brooklyn who calls himself 26ar.Īfter Jay spoke about his motivation in forming Tidal - “This union came from Charlie Chaplin and others creating United Artists, and I pretty much got the inspiration from what they were doing to create this type of coalition,” as he’s said before - Dorsey asked, “Why did our partnership make sense? Why join forces with a payments and financial company?”
On Monday (June 28), Jay-Z and Dorsey held a half-hour conference on Twitter Spaces that was big on enthusiasm but very short on details, basically reiterating and vaguely elaborating on the initial comments. It says plans to bring new systems and tools to help artists find new ways to support their work and find “financial freedom.” For his part, Jay-Z has won 24 total trophies and together, the power couple are tied for the most nominations for any artist (88).In its initial comments on the acquisition, Square said it sees an opportunity in enabling direct-to-fan business models and will extend its “purpose of economic empowerment” to musicians - a new category for the payments company. The “Cuff It” singer became the most awarded artist in Grammy history at Sunday’s ceremony, with her four wins that evening bringing her to a grand total of 32 trophies. It has inspired the world.”Įven if Beyoncé didn’t take home the 2023 trophy for album of the year, she still had plenty of reasons to celebrate. The whole entire joint – like, everything?! Every remix is amazing. Look how the energy of the world moved,” Jay-Z said of “Renaissance” when asked if he felt it deserved to win album of the year. It’s an accolade that many felt was due to be awarded to Beyoncé, who has now lost four times in that category to other artists. “Even with Bey, I felt like they missed the moment,” the rapper said, referencing the 2017 Grammy Awards where Beyoncé’s “Lemonade” lost album of the year to Adele’s “25.” The mogul added he felt the same way with regard to Beck’s album of the year win over Beyoncé’s namesake album in 2015.ĭespite Beyoncé’s record-breaking year at the 2023 ceremony, her 2022 hit dance/pop album “Renaissance” lost out to Harry Styles’s “Harry’s House” for the album of the year award.
In a recent interview with Tidal, conducted before the Grammys and published on Monday, Jay-Z offered insight into why he feels the Recording Academy continues to “miss the moment” when it comes to Beyoncé. Days before Beyoncé’s record-breaking night at the Grammy Awards, during which the coveted album of the year award remained elusive for the superstar, her husband Jay-Z had some thoughts on the Recording Academy’s track record in the category.
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