This story is free to read.

Tidal streaming service seeks more artists to join as owners

FILE - In this Feb. 23, 2015 file photo, Jay-Z arrives at the 2015 Vanity Fair Oscar Party in Beverly Hills, Calif. Tidal, the streaming service co-owned by Jay Z, Rihanna, Madonna and other artists, is inviting more performers to join the company and earn equity.Senior executive Vania Schlogel said late Tuesday, March 31, that Tidal welcomes more acts to join and said the current owners “have equal ownership and majority ownership in the company.” (Photo by Evan Agostini/Invision/AP, File) FILE - In this Feb. 23, 2015 file photo, Jay-Z arrives at the 2015 Vanity Fair Oscar Party in Beverly Hills, Calif. Tidal, the streaming service co-owned by Jay Z, Rihanna, Madonna and other artists, is inviting more performers to join the company and earn equity.Senior executive Vania Schlogel said late Tuesday, March 31, that Tidal welcomes more acts to join and said the current owners “have equal ownership and majority ownership in the company.” (Photo by Evan Agostini/Invision/AP, File)

By Associated Press April 1, 2015 1 min read

NEW YORK (AP) – Tidal, the music and video streaming service co-owned by Jay Z, Rihanna, Madonna and other artists, is inviting more performers to join the company.

Senior executive Vania Schlogel said Tuesday that Tidal welcomes more acts. The company introduced its new co-owners at a launch event on Monday.

Tidal’s all-star lineup could help it compete with other free and paid streaming services, from Spotify to Pandora.

Schlogel says artists who join Tidal will earn more money than through similar services and have such benefits as being shareholders who have a voice in decisions.

Other co-owners include Beyonce, Daft Punk, Kanye West, Jack White, Alicia Keys, members of Arcade Fire and Jason Aldean.

Schlogel declined to say if the artist-owners invested their own money in Tidal.