Coming as little surprise to anyone that followed Jay Z’s recent acquisition of Swedish streaming company Aspiro earlier this month, the media mogul is set to announce the official launch of the brand new music serviceTIDAL, which seems poised to instantly unsettle Spotify’s reign at the top.
Offering higher quality music streams as well as HD videos, TIDAL will also have plans available for lossless streams and curated playlists. However, the most important thing the service can boast from the start is the roster of artists participating, including the most notorious Spotify absentee, Taylor Swift’s “1989” album. The fact that she is giving TIDAL access to the album implies that Jay Z’s venture will offer artists a larger share of royalty payments, and depending what that number is, it may send other services scrambling to keep up.
For more information: http://www.deathandtaxesmag.com/242574/jay-z-set-to-unveil-spotify-rival-tidal/