Cole, Jack White, Jason Aldean, Shawn “JAY-Z” Carter, Kanye West, Lil Wayne, Madonna, Nicki Minaj, Rihanna, T.I. Reports at the time suggested that Tidal’s artist owners were each given 3% equity in the company.Īs of today according to the streaming platform’s website, Tidal’s artist owners include Alicia Keys, Arcade Fire’s Win Butler and Regine Chassagne, Beyoncé, Calvin Harris, Coldplay’s Chris Martin, Daft Punk, Damian Marley, deadmau5, Indochine, J. In addition to Jay Z, the company announced that its owners included 16 of the biggest artists in the world, introduced at a press conference in New York at the end of March 2015. The platform’s former parent company Aspiro changed WimP’s name to TIDAL in March 2015 ahead of is acquisition by Project Panther Bidco, led by Jay Z. TIDAL was launched in 2010 across Scandinavia under its original name of WimP, offering both a standard and hi-def audio package. The newest incarnation of TIDAL launched in 2015 after JayZ-led Project Panther Bidco acquired the platform from Aspiro for $50 million. The platform is led by CEO Richard Sanders, while Lior Tibon acts as the company’s Chief Operating Officer. TIDAL is available in premium and HiFi tiers, recording formats include Master Quality Authenticated (MQA), Sony’s 360 Reality Audio recordings, and Dolby Atmos Music. Available in 56 countries, TIDAL has more than 70 million songs and 250,000 high quality videos in its catalog, along with original video series, podcasts and thousands of playlists.
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