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Music A-listers launch new streaming service Tidal

Alicia Keys, Nicki Minaj and Beyonce are among the stars investing in Tidal. Credit: Instagram/Nicki Minaj

A dizzying array of musical stars turned out in Manhattan to launch a new music streaming service billing itself as the first of its kind owned by artists.

Tidal is the brainchild of hip hop musician-mogul Jay Z, who was joined in New York by an all-star line-up of investors including Madonna, Rihanna, Nicki Minaj and Kanye West.

Madonna, Deadmau5, Kanye West and Jay Z are also part of the project. Credit: Tidal

The membership-based service, which is similar to the subscription service Spotify, is being offered at around $10 for standard sound quality and $20 for "high fidelity" sound quality.

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