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Spotify: 99 problems but Jay Z ain't one

Spotify: 99 problems but Jay Z ain't one

Jay Z is used to success. The rapper has 13 No. 1 albums to his name, built an estimated net worth of $550 million and is married to pop megastar Beyoncé.

His record as a business mogul has also turned out hits. Jay Z ran landmark hip-hop label Def Jam Recordings, owned a stake in the Brooklyn Nets NBA team and launched a formidable entertainment company in Roc Nation.

But now he's trying to recover from a rare misstep — one that his camp has finally acknowledged as such.

The launch of his newly purchased streaming service Tidal was lauded as a way to shake up the music industry. Instead, it has fallen flat, and rivals such as Stockholm-based Spotify are...