DJ Akademiks Trashes Jay-Z – Says he misleads people with the idea that Tidal is a black-owned business
Whenever Jay-Z takes a step, there are plenty of people who point out what they believe to be his true intentions. Fans will remember a couple of years when Sprint announced they were buying its streaming platform, Tidal, which was a big deal at the time (and continues to be). In addition, the rapper entrepreneur struck a deal with the NFL that sparked controversy.
Jay-Z is reportedly in talks with Jack Dorsey about Tidal, who appears to be looking to acquire a controlling stake in the streaming platform for $ 300,000,000. According to Hot New Hip Hop, Jay-Z walked away with the above lump sum, but not everyone is happy about it.
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DJ Akademiks spoke about Jay-Z’s intentions as an entrepreneur on his social media account today and asked if he’s as legitimate as the hip-hop community has assumed. Akademiks called on Jay to play for both teams.
According to Hot New Hip Hop, Akademiks began his post by commenting on how great a businessman Jay is, while also saying that the company he bought was for black creators.
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Akademiks argued that Jay-Z once claimed people shouldn’t use platforms like Spotify and Apple because they are owned by whites, and it would be best if blacks supported black-owned organizations instead.
Akademiks then said that Jay-Z had gotten a lot of press for the organization through concerts and other advertising campaigns about black excellence, black pride and black art, but then it was revealed that not a single black person worked for Tidal in Sweden.
In addition, none of the managers are black, said Akademiks. Akademiks went on to say that Jay-Z did a big deal with Sprint where he managed to make hundreds of millions and now the rest is owned by Jack Dorsey’s company.
Akademiks says the Black Owned Tidal is now owned by The White Man. The social media influencer then said that Jay-Z was only doing it for himself and that it wasn’t about helping black people at all.