Tuesday, March 31, 2015

World's music stars gather for launch of Jay Z streaming service TIDAL

A host of the biggest names in the music industry have joined forces to launch Tidal, a streaming service being billed as the first artist-owned platform for music and video.

Rihanna, Madonna, Beyonce, Usher, Daft Punk, Arcade Fire, Jack White and Kanye West joined a host of other stars as they were revealed as co-owners of the 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. 
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.'
In the United Kingdom the premium service will set users back £20. 
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 artistsdouble the streaming rates of its rival. 
However, the firm has confirmed if this is still the case. 

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