The company is Access Industries and the Founder and Owner is Leonard Blavatnik
Along with what’s in the title, he is accused of reputation laundering against Ukraine and has been personally sanctioned by Volodymyr Zelenskyy. He was also part of a WhatsApp group involving some of the United States’ most powerful business leaders with the stated goals of “changing the narrative” in favour of Israel and “helping win the war” against Gaza.
Everything is in the linked Wikipedia article about him, mostly under the “Controversies and disputes” part.
I switched to Deezer after seeing it recommended as a better Spotify alternative here on Lemmy, but after finding all this I immediately stopped using it. It’s as bad as the shit Spotify does and has done IMO. I’m not here to recommend or push an alternative, but if I can give info on what I use now if someone asks.
Do you mean Jay-Z?
It’s now owned by Square, the same company behind squarecash
I used it for awhile, specifically because while Spotify promised lossless for years, they never delivered. A bonus is, as you said, that it is the platform that has the highest payout for artists.
That being said, when I stopped using it, it was mostly due to the UX decisions they had made on the platform to force videos on everything. It’s a music app, and yet, one of the main navigation options in the app was for videos. Spotify also fired their original designer and has focused on “engagement” over actually good UX.