A new type of TIDAL wave hits the music scene Jay Z has launched his own subscription based music streaming service called TIDAL.
The program promises to provide superior music and ray ban designer sunglasses videos, while ensuring the artists behind the masterpieces get due credit. Some of the world's biggest names in music including Beyonce, Cold Play's Chris Martin and Rihanna are backing Jay Z's new global streaming music service Tidal. Co owners Kanye West, Daft ray ban wayfarer blue Punk, Alicia Keys, Madonna and other musicians were in New York on Monday to sign a declaration of a 'whole new era.' Still, Tidal is entering a crowded space, with stiff competition from Spotify, Pandora Media Inc and Clear Channel's I Heart Radio. But Jay Z's deep music ties could help distinguish Tidal from its rivals. Musicians complain they are not being properly compensated for digital music rights. Additionally, music downloads have been shrinking as streaming services ray ban masculino boom in popularity. Last year, Taylor Swift pulled her entire catalog from Spotify in a shocking move. Swift's catalog is available on Tidal but her latest '1989' is not. Tidal has deals for rights with all the major record labels, a representative with the company said. Tidal is offering a mix of stock and cash to its owners for promotional support, which does not include rights to the music, the Financial Times reported. One partner was offered $3 million for a 3 percent stake, the report said. Tidal is an offspring of Jay Z's company Project Panther Bidco, which acquired more than 90 percent of the Swedish streaming music company Aspiro AB for $54 million earlier this month. For $19.99 a month, ray ban uk subscribers have access to millions of songs and videos in high fidelity.
A $9.99 option offers regular sound quality. Tidal is available in 35 countries and subscribers can listen offline to as many songs as their device will hold.
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