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Jay-Z, team up with Kanye, Beyonce & others to launch new Tidal streaming service

Big day: Unlike, popular music service Spotify, Tidal will not have a free tier

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.

HOW IT WORKS
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.
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About Abula Gist

'Tunde Ojedokun is an Editor working for Lappyphone, he loves technology. You can't see him without a gadget. .

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