- Music streaming service Tidal recently announced that its new $19.99/mo Hi-Fi Plus Tier will allow subscribers to directly compensate the artists they stream.
- Currently, major streaming services pool all subscription revenue into a big pile, then distribute royalties to artists based on the percentage of streams they receive relative to all streams.
- Under Hi-Fi Plus, artists’ subscription payouts will derive from the percentage of streams they receive from each individual subscriber.
- Tidal’s new compensation model will allow smaller artists to receive larger payouts.
Tidal Launches Direct-to-Artist Payments Via $19.99 Hi-Fi Plus Tier
(11/17/2021)
