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Akademiks Claims Jay Z Uses “Black-Owned” As A “Bait & Switch” Later On

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DJ Akademiks Says "Jay Z Is Not Doing It For Black People But For His Own Selfish Means"

DJ Akademiks Says “Jay Z Is Not Doing It For Black People But For His Own Selfish Means”

Jay Z often make controversial headlines when making business moves with people finding some faults in his motive. It happened when he announced he would be purchasing Tidal, same as when he announced his partnership with the NFL

Again, HOV is in the news following reports that he and Jack Dorsey have worked out a monumental deal for Square, Inc. to acquire the majority stake in Tidal.

According to reports, the deal made Jay-Z nearly $300 million richer. However, there are some people who are not so pleased with the deal amongst which is DJ Akademiks.

DJ Akademiks Says "Jay Z Is Not Doing It For Black People But For His Own Selfish Means"

“Jay-Z bought a company, he said it was for Black creators. He said people shouldn’t support Apple and Spotify because they’re White-owned and he wanted to have something for the culture, for the artists, by the artists, and he wanted to keep it Black-owned and he wanted to do it that way,” AK began.

“He did many B-Side concerts and sh*t like that talking about Black excellence, Black power, you should support him because he owned a Black business even though we found out later when they went to Sweden at Tidal headquarters, pretty much not one of the employees or the higher executive people at Tidal were Black.”




The blogger added that Jay made a Tidal deal with Sprint where he reportedly walked away hundreds of millions, and now the remainder of his shares now belong to Square.

DJ Akademiks Says "Jay Z Is Not Doing It For Black People But For His Own Selfish Means"

“The Black-owned Tidal is now owned by Jack Dorsey, the White man.” He accused Jay-Z of being a “bait and switch” businessman, adding, “That’s the only thing I don’t like about the way he does things.”

“He’s not doing it for Black people, he’s doing it for his own selfish means,” Akademiks stated.




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