Tidal is the Jay Z-owned music streaming service claims to be the first streaming platform owned by an artist. Here MusicSnake Magazine put together a list of eight facts you need to know about the service.
Tidal Will Cost You
Tidal doesn’t have the free subscription model. Users can choose to either pay a $9.99 monthly for a standard HQ audio option, or a $19.99 a-month for high fidelity audio.
The Service Features Exclusives
Tidal provides exclusive access to new releases for a short period of time. The first featured artist was Kanye West.
If you go for the Premium or HiFi subscriptions, you can access Tidal from a single device in online mode, and three devices in offline. The HiFi playback can be accessed only via Google Chrome or the app itself.
The App Was Launched in 2014
Tidal was the brainchild of Aspiro AB- a Swedish media tech company. It provided high definition and lossless music to subscribers in US, UK and Canada in the October of ’14. Tidal was then acquired by Jay-Z’s company Project Panther Ltd, who re-launched it.
It Will Make the Rich, Richer
Jay-Z said that he will like artists to make more money even though it will result in less profit for their bottom line. The artist also said that he would want struggling artists to get a better grip in the music industry and the company will help bring their less popular albums to the masses. But since he launched the service with some of the wealthiest musicians of the world, he is clearly saying that the successful artists are not too happy with the take-home of the current distribution system. They’d rather make more dough than make new fans or share their music with a wider audience.
Tidal’s Pretty Good Connects
The service has distribution agreements with all three major labels. Many indies too got in on it.
There Is a Big Fan-base Already
As of March 2015, Tidal has had 580,000 paying users which was after being integrated with WiMP, its sister service. Currently there are more than 3 million users on Tidal.
Talk About Volume
The company currently has over 43 million tracks. Then there are the 250,000 music videos. That’s pretty neat for a paid service.