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Adele’s “25,” which will be released Friday, has been highly anticipated throughout the music industry. Credit Alexander Schippers/European Pressphoto Agency

For Adele’s legions of fans, as well as for the music industry at large, a big question has hung over the release of “25,” her first album in nearly five years. The album is all but certain to be a gigantic hit, but would Adele make it available for streaming on services like Spotify and Apple Music?

An answer emerged on Thursday, after weeks of speculation: No.

With less than 24 hours before the release of the album on Friday, the major digital music services were informed that “25” would not be available for streaming, according to three people with direct knowledge of the plans. A spokesman for Adele declined to comment.

Streaming has taken hold as the fastest-growing part of the music business and the format that record executives and technology mavens alike point to as the future of listening. But it remains controversial among many artists over royalty payments and issues of control.

Most artists have no choice but to opt for streaming and accede to the terms set by the services. But Adele, along with Taylor Swift and Beyoncé, are viewed as among the very few superstar acts with enough leverage to set the terms for how they want their music to be consumed.

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Adele is said to have been personally involved with the decision, which mirrors one made a year ago by Ms. Swift when she withdrew her music from Spotify, complaining that the service was devaluing her music by letting its users listen to it free. Ms. Swift later made a deal to add her newest album, “1989,” to Apple Music. Beyoncé withheld her last album, “Beyoncé,” from streaming for nearly a year after releasing it in late 2013.

“This is a minor issue for Adele, but a major issue for the streaming services,” said Mark Mulligan, a digital media analyst with Midia Research. “For two years running they’ve not had the biggest album of the year.”

Adele’s “25,” released by XL/Columbia, is poised to be one of the biggest hits the music world has seen in years. According to Billboard magazine, music executives expect the album to sell about 2.5 million copies in its first week in the United States, a sum that is all but unheard-of today. The last album to have sales at that level in its first week was ’N Sync’s “No Strings Attached,” which moved just over 2.4 million copies in early 2000, at the peak of the CD era.

Record labels have sometimes withheld albums from streaming outlets to increase CD and download sales. Adele was one of a number of major acts to do that in 2011, when she released her last record, “21.” That album was kept from Spotify for more than a year and went on to sell more than 30 million copies around the world.

But that strategy has begun to fade as millions of listeners have come to prefer streaming to buying downloads or CDs. Spotify now has 75 million listeners, 20 million of whom pay for subscriptions. Apple, which introduced its streaming service, Apple Music, in June, said last month that it had 6.5 million paying subscribers, and 7.5 million more who were using it as part of a three-month trial period.

In a statement, Spotify tried to lure Adele back, noting the size of its audience. “We love and respect Adele, as do her 24 million fans on Spotify,” the company said. “We hope that she will give those fans the opportunity to enjoy ‘25’ on Spotify alongside ‘19’ and ‘21’ very soon.”

Adele’s decision was most likely long in the making, however. At an Internet conference in Dublin a year ago, Adele’s longtime manager, Jonathan Dickins, echoed a sentiment common among record executives and artist representatives that their biggest objection to streaming is the wide availability of music on free, advertising-supported models like Spotify and YouTube.

Yet “25” is being withheld not only from outlets like Spotify — which has both paid and free versions, supported by ads — but also those like Apple Music and Rhapsody that do not use the so-called freemium model. The freemium approach, championed by Spotify, lets users listen free as long as they like in the hope that they will buy subscriptions to eliminate ads and gain other perks.

Some music executives on Thursday said it was possible that Adele could decide to add her album to streaming services after a “window” that could be as short as a week.

For now, “Hello,” the first single from “25,” remains widely available on streaming services, and its release last month seemed to show no negative impact from streaming. Despite its availability on Spotify and elsewhere, the song sold a record 1.1 million downloads in the United States in its first week. The video for the song has also been viewed more than 400 million times.

The album has also been accompanied by a steady marketing drumbeat. On Tuesday, Adele performed a concert for fans at Radio City Music Hall, which was filmed by NBC for a special to be broadcast next month. On Saturday, Adele will perform on “Saturday Night Live.”

Brick-and-mortar retailers are also counting on the album as a major sales attraction during the holiday season. Target — whose executives have portrayed “25” as a potential hit equivalent to the toys and merchandise related to the new “Star Wars” film — has a version of the album with three extra songs, and began promoting it heavily this week. On Wednesday, the retailer began broadcasting a TV commercial for the album, and on its website began showing the first of seven exclusive music videos.

“We fully expect this to be one of our best-selling albums ever,” said Lee Henderson, a spokesman for Target.