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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