Jay Z to Celebrate TIDAL’s 1 Million Subscribers With Concert in New York

Six months after its initial launch, TIDAL appears to have found its footing in the streaming industry. On Tuesday (Sept. 29), Jay Z went on Twitter to announce that his streaming service has reached 1 million subscribers.

"Nothing real can be threatened, nothing unreal exists," tweeted the rap mogul, adding "Tidal is platinum. 1,000,000 people and counting."

In celebration of reaching that milestone, Hov is planning a special concert in Brooklyn, N.Y., on Oct. 20. "Let's celebrate 10/20 Brooklyn," he wrote.

There's no further information regarding the show. If you recall back in May, Jay Z performed a special B-Sides concert for subscribers that was streamed exclusively on TIDAL. Perhaps Hov will put on a concert that includes some of the company's co-owners like Nicki Minaj, Rihanna, J. Cole and Kanye West.

Since TIDAL's launch in March, the company has been struggling financially despite being an artist-suppported venture. On top of that, Birdman is suing the service for $50 million.

In April, Jay Z scoffed at his critics by announcing that TIDAL had over 770,000 subscribers after being in business for less than a month.

However, TIDAL has a long way to go if they want to compete with other streaming services like Spotify. The popular streaming company recently announced that they have 20 million subscribers. Meanwhile, 11 million people have signed up for Apple Music’s free trial.

Nevertheless, Jay Z is throwing a special concert in Brooklyn, which is always a good reason to celebrate. Congratulations to TIDAL and much success in the future.