On Monday, 16 of the biggest names in music stood on a stage in
NYC and proclaimed that they are taking back their careers from
tech companies. Tidal is the first ever artist (majority) owned
streaming service. It was revealed by Billboard that each
artist was given a 3% stake in the company. Tidal has two
payment tiers: $9.99 and $19.99 (for lossless audio).
Full text of the Tidal declaration signed by Jay-Z, Beyonce,
Rihanna, Kanye West, Jack White, Arcade Fire, Daft Punk, Usher,
Nicki Minaj, Chris Martin of Coldplay, Calvin Harris, Alicia
Keys, deadmau5, Jason Aldean, J. Cole and Madonna:
Every movement throughout history began with a few
individuals banding together with a vision, a vision to
change the status quo.
That vision came to life with a first step. Our first step
begins today through the platform TIDAL.
TIDAL is an artist majority owned company with a mission to
reestablish the value of music, the protection of the
sustainability of the music industry rooted in creativity and
Just as our vision is to introduce change to the current
system, during the upcoming months we will continue expand
this platform into an all-encompassing destination. We are
working diligently everyday to enhance the overall service.
Today, the site encompasses high quality sound, video,
exclusive editorial but there are more features on the way.
In time, TIDAL will be not just a streaming service but a
platform with enhanced experiences.
With TIDAL we are making a commitment to build a platform
that reflects ideas contributed directly from artists,
providing an enriched experience. Music presented and heard
the way the artists intended.
We want our mission with TIDAL to spark conversation and lay
a foundation for tomorrow’s burgeoning star.
Our movement is being led by a few inviting all to band
together for a common cause, a movement to change the status
Today marks the next step …
Tuesday, March 31, 2015
Does anybody have the detailed shareholder structure? Could
not find any detailed data, looking at publicly available
data from Project Panther Limited, Project Panther Bidco
Limited and S. Carter Enterprises, LLC; and the Aspiro AB
website section for shareholders structure has (of course)
not been updated.