Neil Young's Pono Sore and HDTracks have been quite successful...the latter has seen its business rise substantially over the last few years. So hi-res (above CD quality) audio is definitely taking off and with album price tags at like $25 a pop and no physical production overhead, that's a HUGE resource for an industry now reliant on stream royalties that are a fraction of a penny.
Tidal, for the record, is just playing tracks in full CD quality (16 Bit). I agree that it's ridiculous to expect people to have the connection (or data allowance) to successfully play these sort of songs on the move. But that's not hi-res audio for what it's worth. You need a good system/headphones (or speakers) to really get the most out of 24-Bit audio. And there's certainly no way that people listening to 16-Bit CD rips on their shitty earbuds on Tidal are really going to notice the difference.
It's kind of ironic that Jay Z is essentially asking you to pony up in order to listen to audio that's the exact same thing you heard on your portable CD players two decades ago...those devices were likely better at it then your phones, especially if anti-skip was turned on.