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Jay-Z launches music streaming service Tidal

Shawn Carter, or better known by his stage name Jay-Z, has launched Tidal, a subscription-based music-streaming service aimed to compete with existing streaming services such as Spotify, Pandora and the upcoming music-streaming service from Apple.

“Our goal is simple: We want to create a better service and a better experience for both fans and artists,” said Alicia Keys, who is one of the big-name artistes that supported the American rapper; others include his wife Beyonc√©, Alicia Keys, Chris Martin of Coldplay, Nicki Minaj, Rihanna, Kanye West and Deadmau5.

“We believe that it is in everyone’s interests — fans, artists and the industry as a whole — to preserve the value of music, and to ensure a healthy and robust industry for years to come,” Keys added at the launching event yesterday at Skylight at Moynihan Station in New York City, Time reports.

Tidal Premium, which is the standard audio version of the service, will be priced at USD9.99 per month, while the high-definition audio version called Tidal HiFi will cost USD19.99 per month.

There is no free version of the ad-free service but both versions are available for a free 30 days trial.

Tidal provides access to more than 25 million tracks and 75,000 music videos and is available for both iOS and Android devices as well as in web browsers and desktop players.

(Photo source: variety.com)

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