March 30, 2015 Jay Z March 30, 2015 music streaming service low payout of royalties Tidal. Aspiro Jay Z Spotify
When was it discovered Beyonce was a co-owner of the music service, Tidal? The parent company of Tidal became under the ownership of whom in 2015? When was it announced that Beyonce was a co-owner in Tidal? What kind of service is Tidal? What is a criticism of other streaming services? What music streaming system is Beyoncé part owner of? What is the parent company of the music service Beyoncé owns part of? Who acquired the parent company of the music service Beyoncé owns part of? What music service is accused of providing low royalty amounts?
On March 30, 2015, it was announced that Beyoncé is a co-owner, with various other music artists, in the music streaming service Tidal. The service specialises in lossless audio and high definition music videos. Beyoncé's husband Jay Z acquired the parent company of Tidal, Aspiro, in the first quarter of 2015. Including Beyoncé and Jay-Z, sixteen artist stakeholders (such as Kanye West, Rihanna, Madonna, Chris Martin, Nicki Minaj and more) co-own Tidal, with the majority owning a 3% equity stake. The idea of having an all artist owned streaming service was created by those involved to adapt to the increased demand for streaming within the current music industry, and to rival other streaming services such as Spotify, which have been criticised for their low payout of royalties. "The challenge is to get everyone to respect music again, to recognize its value", stated Jay-Z on the release of Tidal.
question: When was it discovered Beyonce was a co-owner of the music service, Tidal?, answer: March 30, 2015 | question: The parent company of Tidal became under the ownership of whom in 2015?, answer: Jay Z | question: When was it announced that Beyonce was a co-owner in Tidal?, answer: March 30, 2015 | question: What kind of service is Tidal?, answer: music streaming service | question: What is a criticism of other streaming services?, answer: low payout of royalties | question: What music streaming system is Beyoncé part owner of?, answer: Tidal. | question: What is the parent company of the music service Beyoncé owns part of?, answer: Aspiro | question: Who acquired the parent company of the music service Beyoncé owns part of?, answer: Jay Z | question: What music service is accused of providing low royalty amounts?, answer: Spotify