Tidal Donates $1.5 Million to Black Lives Matter, Others, on Trayvon Martin’s 21st Birthday
Jay Z’s music streaming service Tidal will donate $1.5 million to Black Lives Matter, as well as other racial and social justice organizations, the company announced on Friday.
The donation will be made on Feb. 5, which marks the day Trayvon Martin, the black teenager who was killed in Florida by George Zimmerman in 2012, would have turned 21.
The money was raised at Tidal’s sold-out charity concert in Brooklyn last October. Jay Z, Beyonce, Nicki Minaj, Usher and Nas all performed.
Also Read: Jay Z's Tidal Hires Third CEO Since March
The following organizations were picked by Tidal’s owners to receive the donation: Opportunity Agenda, Hands Up United, Sankofa.Org, Community Coalition, Dream Defenders, Black Youth Project, Baltimore Justice Fund, Empowerment Development Corporation, Million Hoodies, NY Justice League, Ohio Students Association/Organizing Collaborative, the Trayvon Martin Foundation, the Michael O.D. Brown We Love Ours Sons and Daughters Foundation, and the Oscar Grant Foundation.
Jay Z acquired Swedish streaming company Aspiro in January 2015 for $56 million. The hip-hop mogul then relaunched the service as Tidal at a star-studded gathering in March, with some of the biggest names in music including Beyoncé, Rihanna, Nicki Minaj and Madonna all joining as investors.
Also Read: Beyoncé, Nicki Minaj Performance at Tidal Charity Concert Called 'Single Greatest Moment in History'
Charging between $9.99 and $19.99, Tidal provides members with access to more than 40 million music tracks, 90,000 videos, carefully curated playlists by industry experts and music journalists.
While some have scoffed at the price of the service, Tidal offers users exclusive content including the star-studded charity concert in October.
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