Biz Break: Beyonce’s ‘Lemonade’ on iTunes after brief Tidal exclusive

Top Of The Order: 

When Life Gives You Lemons: Maybe Beyonce is taking a cue from her husband, Jay Z, you once said, “I’m not a businessman. I’m a business, man.” Because, being a “Business, woman,” might explain why she isn’t keeping her new album, “Lemonade,” for sale solely on the Tidal streaming-music service.

Tidal, which is owned in part by Beyonce and Jay Z, had the exclusive streaming rights to “Lemonade” when it came out late Saturday night, and Tidal also offered the record, including an hour-long “video album” as a download for $17.99. That exclusive deal lasted for about 24 hours, because before the weekend was over, Apple’s iTunes was also selling “Lemonade” for $17.99.

Beyonce and Jay Z might publicly endorse Tidal with all the positivity of one of Beyonce’s hits, but they didn’t get where they are by being dumb and shutting off part of their customer base. Tidal reportedly has 3 million subscribers, while iTunes is a giant in selling music and the Apple Music service has about 11 million monthly subscribers. Apple may have gotten some flack over how well Apple Music works, but this fact remains: People know the Apple name and no other company has come to represent digital music over more than a decade than Apple. For the most part, people go with what they know.

And Beyonce knows where a big part of her audience is, and it remains with Apple.

Middle Innings:

And On To Round No. 2:  Yahoo has gone through assessing the initial bids that came in for its core Web-based business, and this week, it’s possible that interested bidders could find out if they’ve made it to the second round of the process.

If it sounds a bit like the NCAA’s March Madness basketball tournament, well, you’re not far off. Bloomberg recently said that Yahoo officials were to have spent last weekend going over more than 10 first-round bids that were said to range between $4 billion and $8 billion. Yahoo will reportedly let those know who made it to the next round of the process and give them access to more company information and access to Yahoo executive managers.

While Yahoo Chief Executive Marissa Mayer said on the company’s earnings call last week that Yahoo was working to make a quick decision on selling itself, it is expected that a “winner” won’t be chosen for at least another month.

And Who Is Missing From This Picture?: The matter of men and women being equal in the workplace has been an issue for decades, and, let’s be honest, it’s going to be that way for years to come. So, it probably behooves companies to be aware of the gender-equality situation and work on ways to improve the situation so that both men and women feel like they have the same opportunities for advancement and other workplace matters.

So, if you’re going to hold a company panel discussion on gender equality, and you have five people on the panel, you’d probably want more than, say, zero percent of that group to be women, right? Well…

Apparently PayPal is going to have such a talk at its headquarters on Wednesday. And, unless someone makes a change to the agenda, all five people on the proverbial dais to talk about gender equality are men. Hey, nothing against PayPal for having male executives wanting to get in on the gender-equality game, but…Couldn’t they have come up with one woman to get in on the panel? Maybe they need to listen to a little more Beyonce over there at PayPal’s San Jose offices? “Sasha Fierce” herself might have a few words to add to the discussion…

Bottom Of The Lineup:

Here’s a look at how some leading Silicon Valley stocks did Monday…

Movin’ On Up: Gains came from Infoblox, Ubiquiti Networks, NeoPhotonics, Omnicell and Cepheid.

In The Red: Well, so much for Advanced Micro Devices’ big rally last week. AMD shares fell by 13.5 percent on Monday after the chip maker’s stock price climbed more than 50 percent on Friday. AMD had benefited from better-than-expected earnings and plans for a new joint venture in China. Decliners also included GoPro, down more than 9 percent, SolarCity, which fell 6.5 percent, Harmonic, which gave up 5 percent and Silicon Graphics, which ended the day down by 4 percent.

The SV150 Index of Silicon Valley’s biggest companies shed 0.1 percent to end the day at 1,639.

The tech-focused Nasdaq Composite Index gave up 0.2 percent to close at 4,895.

The blue chip Dow Jones Industrial Average ended the day off by 0.2 percent at 17,977.

And the broad-based Standard & Poor’s 500 Index also gave up 0.2 percent to finish the day at 2,087.

Quote Of The Day: “Prayin’ I catch you whispering, I’m prayin’ you catch me listening.” –From Beyonce’s new song, “Pray You Catch Me”.

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Photo: Beyonce and her husband, Jay Z, at a Golden State Warriors game against the Oklahoma City Thunder at Oracle Arena in Oakland on Feb. 6. Beyonce’s new album “Lemonade” became available on Apple’s iTunes after a brief exclusive period on the Tidal streaming-music service.  (Anda Chu/Bay Area News Group).

 

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