Jay Z bought the streaming service Tidal for $56 million from a Swedish tech company, and launched it on Monday. The streaming service is said to be artist-friendly, and already has the backing of Taylor Swift, Madonna, Jack White, Daft Punk, and all of Roc Nation which includes Rihanna and Kanye West. Swift had previously removed her entire catalog from the streaming service Spotify, because the service does not fairly compensate artists. Page Six quotes an industry exec describing Tidal as follows:
"Tidal isn't just about streaming music. Users will be able to access audio, video, social media, B-roll, merchandise, ticketing. Users will be able to have a special connection to the artists."
No comments:
Post a Comment