'4:44' is not available on the streaming service...

JAY-Z's decision to boycott Spotify could be costing him millions, a new report suggests.

The rapper recently released new album '4:44' but refused to allow Spotify streaming access.

As a result, JAY-Z is missing out in income - and if sources in Billboard are to be believed, this could run to several million dollars.

The title estimates that the hip-hop icon could be missing out on around $1 million per week, however another source argues that it could be a mere $250,000.

JAY-Z pulled his material from Spotify earlier this year, claiming that their approach de-values music - he does, of course, own stakes in competitor TIDAL.

The amount lost is small change to Hov, though, which is estimated to be worth around $810 million.

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