Setting out to change the course of the entire music industry, New York rapper and entrepreneur Jay Z launched a new music streaming service called Tidal. Jay Z and several other artists, including Kanye West, Daft Punk, and Jack White, were not pleased with the way they have been compensated by other streaming services, such as Spotify and Pandora. Tidal gives artists the opportunity to receive proper compensation, and it also allows artists to give high quality audio and video content directly to fans. To bring in more subscribers, some artists will create exclusive content for Tidal. The major downside to this service is the cost. It is far more expensive than its competitors. After a less than stellar launch, Jay Z wants to blame a smear campaign by big corporations, such as Apple. Jay Z is still positive that this business venture will end up being a good idea because he knows that it will take time to have the same success as Spotify or Apple.
Many people who don’t like the idea of Tidal argue that “these artists are too rich anyway” and “they don’t need anymore money.” Fans paying for music is far more meaningful to artists than money in their pocket. Purchasing music tells an artist that you support them, and it tells the music industry that you think an artist’s product is worth your money. This is why I’m concerned about potential exclusive content on Tidal. It could cause people to resort to pirating music, and that certainly would not be good for artists or music in general.
-AP
Article: http://bgr.com/2015/04/27/jay-z-tidal-vs-spotify-pandora/
Picture: http://www.complex.com/style/2015/03/tidal-press-conference-style-ranking/
and....there are other people who make money off a song/ backup artists, musicians, sound techs, etc
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