We are still light on details, but now we know a bit more about Tidal, the high-defintion music streaming service that relaunched today, including a long list of musician-shareholders in the service and the participation of Softbank.
Jay Z may be the name we’ve heard in connection with Tidal’s new ownership, but today, the company unveiled a lineup of 17 other famous musicians that are also a part of the venture as co-owners: Alicia Keys, Calvin Harris, Win Butler and Régine Chassagne from Arcade fire, Chris Martin from Coldplay, Beyonce, Guy-Manuel de Homem-Christo and Thomas Bangalter from Daft Punk, Jack White, J. Cole, Jason Aldean, Kanye West, Deadmaus, Madonna, Nicki Minaj, Rihanna and Usher.
And they may not be the only ones. In her opening remarks during a launch event in New York, Vania Schlogel — an executive at Aspiro, the parent company of Tidal — confirmed that the music service will be partnering with Sprint and Sprint’s owner, Softbank. But, in keeping with the light-detail theme, she did not provide any details explaining how. Separately, the NY Post reports that Softbank may be partly bankrolling the service.