Jay-Z to relaunch his new Tidal Music Service

Tidal, the high-definition music streaming service acquired by rapper and music mogul Jay-Z, is gearing up for its official relaunch under new ownership later today, and it will be doing so by reportedly making a move to snag new releases by some of the biggest musicians of the moment including Kanye West, Madonna and Daft Punk, ahead of rival services like Spotify and Beats.

The streaming business is getting pretty crowded. Apple is late to the game, but they could still make its mark in the industry with a redesigned Beats.