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Jay Z Launches Music Streaming Service Tidal With A Little Help From A-List Pals Including Madonna, Beyonce And Kanye West Who Want #TIDALforALL

Jay Z And His A-List Pals Launch Spotify Alternative (That's Twice The Price)
Rachel McGrath
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Jay Z has relaunched his own artist-owned streaming service Tidal, with a little help from a number of pals, including Nicki Minaj, Madonna, Kanye West, Rihanna, Daft Punk and Jack White.

The hip-hop megastar gathered the group together in New York on Monday night, where they presented the premium music subscription service.

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Kanye is one of the co-owners

Tidal was initially launched last October, and it was later purchased by Jay Z, who is hoping it can compete with the likes of Spotify and Deezer.

However, the BBC reports that Tidal has over 25 million less tracks than Spotify, and it is also more expensive, with services costing either $9.99 a month, or $19.99. In the UK, the premium service will cost £20 per month, and there is no free service available.

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Um, you can smile people...

The event saw various artists signing papers to officially make themselves co-owners of Tidal.

Alicia Keys spoke at the launch, telling the audience: “'So we come together before you on this day, March 30th, 2015, with one voice in unity in the hopes that today will be another one of those moments in time, a moment that will forever change the course of music history.

“For today we announce of Tidal, the first ever artist-owned, global music and entertainment platform.”

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Alicia Keys

During a chat with Billboard, Jay explained his plans, stating: “We didn't like the direction music was going and thought maybe we could get in and strike an honest blow.

"Will artists make more money? Even if it means less profit for our bottom line, absolutely. That's easy for us. We can do that. Less profit for our bottom line, more money for the artist; fantastic."

See all of the information on Tidal here.

Jay Z's Amazing Style Evolution
1995(01 of26)
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UNITED STATES - circa 1995: American rapper Jay-Z. (Photo by Time & Life Pictures/Getty Images)
1995(02 of26)
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UNITED STATES - circa 1995: American rapper Jay-Z. (Photo by Time & Life Pictures/Getty Images)
1998(03 of26)
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Jay Z during Billboard Awards '98 at MGM Grand in Las Vegas, Nevada, United States. (Photo by Jeff Kravitz/FilmMagic, Inc)
1999(04 of26)
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Jay Z during The 1999 MTV Movie Awards at Barker Hanger in Santa Monica, California, United States. (Photo by Jeff Kravitz/FilmMagic, Inc)
2000(05 of26)
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Portrait of American rapper Jay-Z (born Shawn Carter), New York, New York, 2000. (Photo by Anthony Barboza/Getty Images)
2000(06 of26)
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Jay-Z "The Dynasty" record release party
2001(07 of26)
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Jay Z in Easthampton, New York (Photo by Dimitrios Kambouris/WireImage)
2002(08 of26)
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Jay-Z during LIFEBeat's Urban AID 2 Benefit Concert at Beacon Theater in New York City, New York, United States. (Photo by KMazur/WireImage)
2002(09 of26)
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"Spankin' New Music Week" with Jay-Z, Beyonce Knowles and Solange Knowles on MTV's "TRL" - November 21, 2002
2003(10 of26)
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FAJARDO, PUERTO RICO - SEPTEMBER 25: Musician Jay-z performs at the DVD Release Party for 'Scarface' Sepetember 25, 2003 in Farajdo, Puerto Rico. The DVD hits the streets on September 30. (Photo by Carlo Allegri/Getty Images)
2004(11 of26)
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Jay Z during 2004 Clive Davis Pre-Grammy Party - Arrivals at Beverly Hills Hotel in Beverly Hills, California, United States. (Photo by Gregg DeGuire/WireImage)
2004(12 of26)
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P Diddy, Jay Z during Universal Music Group's Grammy Reception at The Palm Restaurant in Los Angeles, California, United States. (Photo by Denise Truscello/WireImage for Universal Music Group)
2004(13 of26)
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Jay-Z and Beyonce during 2004 MTV Video Music Awards - Arrivals at American Airlines Arena in Miami, Florida, United States. (Photo by SGranitz/WireImage)
2005(14 of26)
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Beyonce and Jay-Z during The 77th Annual Academy Awards - Red Carpet at Kodak Theatre in Hollywood, California, United States. (Photo by KMazur/WireImage)
2006(15 of26)
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Jay-Z, winner of Best Rap/Sung Collaboration for 'Numb/Encore' (Photo by SGranitz/WireImage for The Recording Academy)
2007(16 of26)
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2007 Cannes Film Festival - Dolce & Gabbana Party
2008(17 of26)
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PHILADELPHIA, PA - NOVEMBER 3: Rapper Jay-Z gestures at a 'Promote The Vote Block Party' in support of Democratic presidential nominee U.S. Sen. Barack Obama (D-IL) November 3, 2008 in Philadelphia, Pennsylvania. The Pennsylvania Campaign for Change staged the event one day before the U.S. presidential election between Obama and Republican presidential nominee Sen. John McCain (R-AZ). (Photo Jeff Fusco/Getty Images)
2009(18 of26)
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NEW YORK - NOVEMBER 24: Jay-Z attends Rihanna's 'Rated R' album release party at the juliet Superclub on November 24, 2009 in New York City. (Photo by Shareif Ziyadat/FilmMagic)
2010(19 of26)
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MIAMI - OCTOBER 20: Jay-Z attends Jay-Z And Bing Launch DECODED Search Experience At Delano at Delano Hotel on October 20, 2010 in Miami, Florida. (Photo by John Parra/Getty Images)
2011(20 of26)
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NEW YORK, NY - MAY 02: Musician Jay-Z and singer Beyonce attend the 'Alexander McQueen: Savage Beauty' Costume Institute Gala at The Metropolitan Museum of Art on May 2, 2011 in New York City. (Photo by Larry Busacca/Getty Images)
2012 (21 of26)
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LOS ANGELES, CA - JULY 01: Recording artist Jay-Z accepts the Best Group Award onstage during the 2012 BET Awards at The Shrine Auditorium on July 1, 2012 in Los Angeles, California. (Photo by Michael Buckner/Getty Images For BET) (credit:Getty Images)
2012(22 of26)
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NEW YORK, NY - SEPTEMBER 26: Jay-Z attends 'NBA 2K13' Premiere Launch Party at 40 / 40 Club on September 26, 2012 in New York City. (Photo by Dimitrios Kambouris/Getty Images) (credit:Getty Images)
2012(23 of26)
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NEW YORK, NY - SEPTEMBER 27: Jay-Z attends the grand opening of the 40/40 Club at Barclays Center on September 27, 2012 in the Brooklyn borough of New York City. (Photo by Allison Joyce/Getty Images) (credit:Getty Images)
2012(24 of26)
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Beyonce and husband Jay-Z arrive for the 57th Presidential Inauguration ceremonial swearing-in of President Barack Obama at the US Capitol on January 21, 2013 in Washington, DC. The oath is to be administered by US Supreme Court Chief Justice John Roberts, Jr. AFP PHOTO/Jewel Samad (Photo credit should read JEWEL SAMAD/AFP/Getty Images)
2013(25 of26)
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NEW YORK, NY - MAY 01: Jay-Z attends the 'The Great Gatsby' world premiere at Avery Fisher Hall at Lincoln Center for the Performing Arts on May 1, 2013 in New York City. (Photo by Stephen Lovekin/Getty Images) (credit:Getty Images)
2013(26 of26)
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BROOKLYN, NY - JULY 03: JAY Z attends JAY Z and Samsung Mobile's celebration of the Magna Carta Holy Grail album, available now through a customized app in Google Play and Samsung Apps exclusively for Samsung Galaxy S 4, Galaxy S III and Note II users on July 3, 2013 in Brooklyn City. (Photo by Larry Busacca/Getty Images for Samsung) (credit:Getty Images)

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