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Jay Z Reveals Plan For Streaming Service Tidal

From left to right, Usher, Rihanna, Nicki Minaj, Madonna, Deadmau5, Kanye West, JAY Z, and J. Cole onstage at the Tidal launch event #TIDALforALL March 30 in New York City.  (Jamie McCarthy/Getty Images) for Roc Nation)
From left to right, Usher, Rihanna, Nicki Minaj, Madonna, Deadmau5, Kanye West, JAY Z, and J. Cole onstage at the Tidal launch event #TIDALforALL March 30 in New York City. (Jamie McCarthy/Getty Images) for Roc Nation)

Artist and entertainment mogul Jay Z on Monday announced plans for a subscription-only streaming service.

It’s called Tidal, and Jay Z recently purchased it for $56 million.

He says he plans to have artists own the majority of the company, a change from the structure of other competing streaming services like Spotify.

Here & Now’s Jeremy Hobson looks at the Jay Z-backed streaming service with Jason Bellini of The Wall Street Journal.

Guest

  • Jason Bellini, senior producer at The Wall Street Journal. He tweets @jasonbellini.
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