Jay Z launched his Tidal music streaming service back in March, after he purchased it back in January and then relaunched it as a paid only streaming service with support from a range of top music artists.
Jay Z has now announced on Twitter that Tidal now has more than one million subscribers, you can see the tweet below.
“Nothing real can be threatened, nothing unreal exists” Tidal is platinum. 1,000,000 people and counting. Let’s celebrate 10/20 Brooklyn.
— Mr. Carter (@S_C_) September 29, 2015
Back in April Tidal had 770,000 subscribers, so they have managed to sign up around 45,000 new subscriber each month and the service is now generating at least $10 million a month.
There are two plans available in Tidal, a standard definition service which costs $9.99 a month and a high definition service which costs $20 a month.
It will be interesting to see if Jay Z’s music streaming service can increase subscribers signifcantly in the next 12 months, more and more companies are launching streaming services, like the new Apple Music which launched a few months ago.
Source TechRadar
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