Jay Z is one of the best rappers in the game, but he's also the smartest entrepreneur in music. At a live event Monday evening, he announced the launch of Tidal, a new, luxury music-streaming service.
Tidal is already live and streaming 25 million tracks and more than 75,000 music videos. It's a new name in a sector mostly dominated by two major competitors: Spotify and Rdio, and it's the first-ever artist-owned international music streaming service.
Also read: AT&T-Time Warner mega-deal is near
01:27 Is TPP the next trade domino to fall as Canada-EU trade deal ends in tears
00:02 AT&T Aims for an Empire in Merger Talks With Time Warner
23:06 AT&T discussed takeover in meetings with Time Warner: Bloomberg
23:05 Donald Trump Proposes Another Terrible Idea: Congressional Term Limits