Feb 29, 2016 This is weird. When Jay Z acquired Tidal for $56 million and gave out pieces of ownership to his celebrity friends, Jay made a big deal about the music streaming service being different because it was by artists and for artists. No longer would musicians get ripped off on royalties, Jay said, tweeting last year, “Tidal pays 75% royalty rate to ALL artists, writers and producers.” All lies, claims a new lawsuit. The frequently-sued mogul and Tidal are facing a $5 million class-action lawsuit from a musician and publishing company that claims Jay illegaly put their songs up on the celebrity-endorsed streaming service, and then paid $0.00 in royalties. According to court documents, Yesh Music, LLC and The American Dollar band member John Emanuele claim Tidal streamed 116 of The American Dollar’s copyrighted tracks all while knowing they were in the wrong. The lawsuit makes mention of Jay purchasing Tidal in 2015 and his claims that they would be paying artists their fair cut of royalties. Per the complaint: Defendants created its now 25 million track library by dumping all of the music from independent artists into the Tidal Music Service without serving NOIs. Independent artists are predominantly impacted by Defendants’ systematic infringement. Yesh Music and Emanuele also accuse Tidal of doing funny math in order to underpay some artists. Defendants deliberately miscalculating the per-stream royalty rates by including millions of streams Defendants do not pay royalties in the calculation. This diluted the paid per-stream rate for royalty payments by up to 35%. And just like Tidal doesn’t reveal stats to the public, they allegedly don’t reveal stats to artists either. The lawsuit says Jay and Tidal “failed to serve monthly reports which detail the usage of every song and calculation of royalties.” This all could’ve went away had Tidal responded to Yesh and Emanuele complaints when they reached out to Jay’s people in June 2015, but they were ignored reportedly. As a result, they’re suing for copyright infringement and are seeking in excess of $5 million. This lawsuit is bad business, especially with rumors that Samsung, Google and Spotify are allegedly interested in taking Tidal off of Jay Z’s hands. The New York Post reported that Tidal is having a cash flow problem and are unable to pay their mounting bills. http://uproxx.com/smokingsection/jay-z-and-tidal-lawsuit
Feb 29, 2016 Tidal just seems like it has no hope lol. It seems totally outdone by other major streaming services
Feb 29, 2016 Tidal is going to end up failing, Spotify is the top streamer and its getting acquired soon I think.
Feb 29, 2016 He could just sell it to Samsung and part ways. I don't think he wants to give up on it though.
Feb 29, 2016 LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL.... Need I go on? Ok LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL Encore you say? LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL I'm done
Feb 29, 2016 He'd prob be too stubborn but d--- I never see anythin positive associated with this s---
