Tidal set to expand into Germany and Australia

Tidal , the HQ music streaming service which will be officially owned by Jay Z at the end of this month, is now live in a total of 31 countries and preparing to launch in another six.

Tidal is now live in the US, Canada, the UK, Ireland, Finland, the Netherlands, Belgium, Luxembourg, Italy, South Africa, Czech Republic, Slovakia, Singapore, Denmark, Spain, Portugal, Estonia, Latvia, Lithuania, Norway, France, Austria, Switzerland, Hungary, Turkey, Sweden, Romania, Slovenia, Greece, Cyprus and Malta.

The service will also be launched in Poland, Australia, Hong Kong, Quatar, United Arab Emirates and Germany before the end of the second quarter of 2015.

The service boasts a lossless library of 25 million-plus tracks, as well as 75,000 music videos.

Tidal is only available to consumers as a premium monthly subscription, although it does offer a free trial period.

Earlier this week, Tidal owner Aspiro confirmed that it was axing its WiMP brand – re-naming the popular service as Tidal in Scandinavia in order to unify its worldwide identity.

Jay Z-lead investment firm Project Panther Bidco will pay €50m for the acquisition of Tidal. Its bid was eventually accepted by 95% of Aspiro shareholders, enough for PPB to buy the business according to the Swedish Companies Act.Music Business Worldwide

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