![]() Before the acquisition of Aspiro, Jay-Z stated in an interview with Billboard that he was willing to partner with other streaming services to carry out his vision. (controlled by American rapper and businessman Jay-Z) for SEK 466 million ( USD $56.2 million) in January 2015. Īspiro was purchased by Project Panther Bidco Ltd. In January 2015, Tidal launched in five more European countries: Ireland, Finland, the Netherlands, Belgium and Luxembourg. The launch was supported by Sonos and 15 other home audio manufacturers as integration partners. History īranching off from WiMP, which was launched in Norway in 2010 and later available in Sweden, Denmark, Germany, and Poland, Aspiro launched the Tidal brand in the UK, the US, and Canada on October 28, 2014. As of March 2021, Tidal operates in 61 countries. Tidal claimed to have over 3 million subscribers in 2016, although the veracity of those claims and the company's reported streaming numbers have been questioned. While some observers praised the high-fidelity audio quality, and higher subscription fees that would result in higher royalties to the artists and songwriters, others felt the high subscription fees and exclusive Tidal content from the artists involved could lead to more music piracy. In June, 2022, through the disclosure of the Annual Stockholder Meeting 2022, Block reported that the stake acquired in the Tidal music service was 86.8%. In March 2021, Block, then known as Square, agreed to pay $297 million for majority ownership of Tidal. In January 2017, Sprint Corporation bought 33% of Tidal for a reported $200 million. In March 2015, Aspiro was acquired by Project Panther Bidco Ltd., which relaunched the service with a mass-marketing campaign, promoting it as the first artist-owned streaming service. Tidal claims to pay the highest percentage of royalties to music artists and songwriters within the music streaming market. It offers two levels of service: Tidal HiFi (up to CD quality – FLAC-based 16-bit/44.1 kHz) and Tidal HiFi Plus (up to MQA – 24-bit/352.8 kHz). With distribution agreements with all three major record labels and many independent labels, Tidal claims to provide access to more than 80 million tracks and 350,000 music videos. Tidal is now majority-owned by Block, Inc., an American payment processing company. We may also disclose contact information in special cases when we have reason to believe that disclosing this information is necessary to identify, contact or bring legal action against a party who may be violating an agreement with Minka Group® or may be causing injury to or interference with Minka Group® rights or property, on the site, or to anyone else who could be harmed by such activities.Tidal (stylized in all caps) is a Norwegian-American music streaming service, launched in 2014 by Swedish public company Aspiro. Minka Group® may disclose contact information when required by law or when we believe in good faith that such action is necessary in order to comply with legal process or meet some other legal obligation. Use of our website may require the use of cookies. This could include but not limited to pages viewed, items viewed, time per page, or visitors location. Unless the visitor chooses for their contact information not to be shared by opting out, Minka Group® may share information with third parties whose products or services may benefit the visitor or Minka Group®.Ĭertain information may be automatically collected for marketing purposes. Minka Group® does not have responsibility for the management of individual projects should a problem arise where any information is inadvertently deleted. Individual projects created within My Projects will be available for the user for 2 years from when they are created at 2 years the individual projects will be deleted. Product Information or product availability, within My Projects is not guaranteed and subject to change. My Project information that is shared with a third party is at the discretion of the user and Minka Group® has no liability. This information is used in the administration of product warranties and also to create a My Projects account to save product information. When a visitor to any Minka Group® website enters their name, email addresses, physical addresses, or phone number Minka Group® collects this information for Warranty Registration or My Projects. You may find the latest Terms and Conditions link at the bottom of our website. Minka Group® may update these Terms and Conditions occasionally. These Terms and Conditions are effective March 1, 2018. This Minka Group® website is operated by Minka Group®. Are you a registered user or a dealer? Click the button and go to the login screen. ![]()
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