On March 30, 2015, it was announced that Beyoncé is a co-owner, with various other music artists, in the music streaming service Tidal. The service specialises in lossless audio and high definition music videos. Beyoncé's husband Jay Z acquired the parent company of Tidal, Aspiro, in the first quarter of 2015. Including Beyoncé and Jay-Z, sixteen artist stakeholders (such as Kanye West, Rihanna, Madonna, Chris Martin, Nicki Minaj and more) co-own Tidal, with the majority owning a 3% equity stake. The idea of having an all artist owned streaming service was created by those involved to adapt to the increased demand for streaming within the current music industry, and to rival other streaming services such as Spotify, which have been criticised for their low payout of royalties. "The challenge is to get everyone to respect music again, to recognize its value", stated Jay-Z on the release of Tidal. COUNT 9
QSN1 When was it discovered Beyonce was a co-owner of the music service, Tidal? ANS1 March 30, 2015 QSN2 The parent company of Tidal became under the ownership of whom in 2015? ANS2 Jay Z QSN3 When was it announced that Beyonce was  a co-owner in Tidal? ANS3 March 30, 2015 QSN4 What kind of service is Tidal? ANS4 music streaming service QSN5 What is a criticism of other streaming services? ANS5 low payout of royalties QSN6 What music streaming system is Beyoncé part owner of? ANS6 Tidal. QSN7 What is the parent company of the music service Beyoncé owns part of? ANS7 Aspiro QSN8 Who acquired the parent company of the music service Beyoncé owns part of? ANS8 Jay Z QSN9 What music service is accused of providing low royalty amounts? ANS9 Spotify