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TechCrunch reports Tidal sent out invites for a press conference today where Jay-Z will “announce a commitment to a new direction for the music industry from both a creative and business perspective.” It’s expected that artists like Madonna, Kanye West and Arcade Fire will use the service to release albums first before they go to other streaming service. Tidal features a High Fidelity music service that just dropped its price today from $20 a month to $10 a month. Jay-Z has agreed to acquire the company with share transfers expected mid-April.