Rihanna, Madonna, Beyonce, Usher, Daft Punk, Arcade Fire, Jack White,Alicia keys,Madonna and Kanye West have joined a host of other stars as co-owners of the new subscription service which is the brainchild of Jay Z.
Unlike rivals Spotify, the service will not have a free tier - meaning the musicians stand to make more money from it.
Unlike Spotify there isn't a free service.
It is being offered to U.S. users at two price points: about $9.95 for standard sound quality and $19.99 for 'lossless high fidelity sound quality.'
Tidal streams at 1,411 kilobytes per second - well above the 320 for premium subscribers of Spotify, which offers lower levels for free users.
Earlier claims were made that Tidal offers artists double the streaming rates of its rival.
However, the firm has confirmed if this is still the case.
Offering curated playlists and 'editorial', Tidal already has deals in place with all the major record labels. It will also work when offline, with users able to 'listen on the subway'.
The artists hope the service can compete with platforms including Spotify and Apple's soon-to-be revamped music service involving Beats Music.
Streaming - which allows users to play unlimited on-demand music online - has quickly shaken up the industry, narrowly edging out CD sales in revenues last year in the United States.
Industry leader Spotify says it has 60 million users with 15 million of them paying - generally $10 a month.
Spotify already has a range of rivals including US-based Rhapsody and Google Play.
Paris-based Deezer is the second larger service with 6 million customers. It is strong in Europe and last year entered the United States as a high-end-only service.
The most recent numbers for Tidal are at 540,000, according to the company.
Like Tidal, Deezer's elite service uses FLAC files which are larger than MP3s, which are most common for music.
The place to discover the music that will become the soundtrack for the rest of our lives.'
The launch came after a huge social media push, in which the stars devoted their Twitter and Facebook pages to promoting Tidal.
The mastermind behind the new system, Jay Z purchased Swedish tech company Aspiro for $56 million earlier this year to take control of Tidal.
Before the purchase in February he reportedly hosted a meeting of the music world's biggest stars at which he lamented 'crass commercialization'.
Daft Punk's two members were key figures in deciding on a strategy during the meeting days before the Grammy Awards at The Fig House event space in a remote part of Pasadena, Los Angeles.
And it appears Jay Z's business mind convinced them to open their pockets, and sign on as 'co-owners'.
The membership-based service - similar to subscription service Spotify - will provide music and exclusive video content that users can stream on computers, tablets and smartphones or listen to offline.
Unlike Spotify there isn't a free service.
It is being offered to U.S. users at two price points: about $9.95 for standard sound quality and $19.99 for 'lossless high fidelity sound quality.'
Tidal streams at 1,411 kilobytes per second - well above the 320 for premium subscribers of Spotify, which offers lower levels for free users.
Hmmmm lets just say this new #TIDAL is to help the artists make more money from their music.. if its a good or bad or better venture than spotify..only time will tell!
No?? Kanye?? Kanye dont even like money..yea still #meanfacetins
Additional Credits;
Mailonline
No comments:
Post a Comment
Your comments are very much appreciated.Thanks for Stopping by!
Need To contact me?
Email: shalliespurplebeehiveads@gmail.com
Twitter: @shalliebee