Jay Z Streams Hard

Jay Z has recently bought out the music streaming service Tidal for $56 million US, probably a months work for the musician. Though there’s tough competition in the streaming biz and with only 17,000 subscribers, compared to Spotify’s 60 million, Jay Z has enlisted the likes of Beyonce, Kanye, Daft Punk, Rihanna, Calvin Harris and others to help a brother out. With the service costing $11.99 AU a month and paying double the standard streaming royalties to its artists, Tidal looks to be an interesting change to the industry.

 

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