Starting in 2022, the music streaming service is planning to adopt what it calls a ‘Fan-centered royalties’ approach for its new HiFi Plus members, and it says that it has the support from the “vast majority of its record label and distributor partners”. TIDAL COO Lior Tibon says that there are more than 100 partners on board, but didn’t specify names of companies.
Source: TIDAL to launch user centric-royalties system and direct-to-artist payments