Everyone, Including Jay Z, Is Getting Tidal Backwards

The Week - Business, The Week: Business
Thu, 04/02/2015 - 2:43am

Tidal is here, and it aims "to forever change the course of music history." That's how rapper and entertainment mogul Jay Z put it earlier this week, when he announced he'd bought the online music streaming service for a cool $56 million. The idea is for Tidal to be the answer to complaints that free music streaming services like Spotify cut musicians out of earning a return for their work. A normal subscription will cost $9.99 a month, and premium access will cost $19.99.

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Topics:  cd   taylor swift   roc   finally   eric harvey   pitchfork   thinkprogress jessica goldstein   national   tidal   jay z   nation   spotify   including   streaming   music   record   artists   revenue   labels   users   stream   cut   big   label   services   model   bands   pay   band   industry   million   digital   income   living   free   local   service   question   cost   idea   profits   musician-owned   marketing   subscription   thousands   history   work   ownership   change   put   significant   competing   musicians   return   day   costs   artist-owned   album   unknown   expenses   names   jobs   modest   market   bring   lot   advertising   paying   
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