On July 21, Roc Nation, Jay Z’s label, officially announced that they have signed on Korean-American singer/rapper Jay Park to their label.
Beyoncé fans are terrorizing Food Network’s celebrity chef Rachael Ray on social media after mistaking her for fashion designer Rachel Roy.
If you’re still not exactly sure what all that woe-is-me attitude at the root of Jay Z and co.’s grandstanding at Tidal’s relaunch earlier this year was all about, look no further than the infographic down below.
As shown by Information is Beautiful’s updated-for-2015 visualization of the subject, signed artists make .0019 cents per stream on Pandora and .0011 cents per Spotify stream. The worst payout of all for musicians, however, comes from Youtube, which pays out about .0003 per play. An artist signed to a record label would thus have to have their Youtube video played 4,200,000 times in order to earn the monthly U.S. minimum wage of $1,260.
Tidal, Jay Z’s music subscription brainchild, launched earlier today with 16 musical heavyweights under its belt.
So far, the list of artists who’ve joined in includes Beyonce, Kanye West, Arcade Fire, Rihanna, Drake, Coldplay, Calvin Harris, Nicki Minaj, Usher, Jack White, Alicia Keys, J. Cole, Jason Aldean, Daft Punk, Deadmau5 and Madonna — all household names, all claiming that the current industry climate devalues their music. Specifically, they charge that sites like Spotify and Pandora prevent artists from ever seeing the full fruits of their generated revenue via those sites.