Kanye West Best Posts: Kanye Left Tidal Due To Money Payments

  1. 1999
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    Jul 2, 2017


    :kdotcry:
     
    Mar 28, 2024
  2. Lucy
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    Lucy #1

    Jul 2, 2017
    raps gonna have a circular history at this rate. the new wave for "d--- ma big major label oppressin me!" gonna turn into "d--- ma big major streaming service oppressin me!"

    honestly both of them.just need to go back to releasing music normally. streaming services is kinda brave new world for music sales and two friends getting involved in that kinda business is gonna cause rifts, especially when they are speaking through lawyers cause 2scared4phonecall
     
    Mar 28, 2024
  3. Littlezy
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    Littlezy SXN 80 FORUM GOAT AF, LOVE U GUYS

    Jul 2, 2017
    Kanye West, a key player in Jay Z's Tidal stable, has left the company over a money dispute and Tidal has threatened to sue him ... TMZ has learned.

    Sources connected to Tidal tell TMZ, Kanye has been unhappy with the company for a long time. We're told Kanye has complained the company owes him money -- more than $3 million.

    Our sources say a month ago Kanye's lawyer sent a letter to Tidal, saying the company was in breach and the contract was terminated. Over the next 2 weeks lawyers for both sides tried to resolve the conflict but failed. We're told 2 weeks ago Kanye's lawyer fired off a second letter declaring again the contract was over.

    Kanye's decision to split from Tidal predates the release of Jay Z's album in which he trashes Kanye, and we're told Kanye had no advance knowledge of Jay's lyrics. We're told Kanye's beef with Tidal is twofold -- his Saint Pablo album resulted in 1 1/2 million new subscribers to Tidal, for which he was supposed to get a bonus but the company hasn't paid. Kanye also says Tidal reneged on reimbursing him for music videos.

    Our sources say Tidal's position is that Kanye didn't deliver the videos required by the contract. Kanye's response ... I'll deliver the videos when you pay me what I'm owed. We're told Tidal fired off a letter to Kanye, saying as far as the company was concerned it still had an exclusive contract with the rapper and if he tried to go to another streaming service they'd sue him. We're told Kanye's willing to walk away, but if Tidal sues him, he'll sue them right back.
     
    Mar 28, 2024
  4. RG9
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    RG9

    Jul 2, 2017
    [​IMG]
     
    #23
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  5. Hard Klyntar
    Posts: 7,844
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    Jul 2, 2017
    trash rappers? you got a trash taste in music trash man
     
    Mar 28, 2024
  6. Freestyle
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    Jul 2, 2017
    HOV still goat
     
    Mar 28, 2024
  7. Jakey
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    Jakey You Reckon

    Jul 2, 2017
    Yeah good
     
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  8. Yoda777
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    Jul 2, 2017
    DDjv81eW0AAi2es.jpg
     
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  9. lil peeps last xan
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    lil peeps last xan Errol will return in 2019

    Jul 2, 2017
    [​IMG]
     
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  10. dkdnfbdjdkdddjdjfvcgfl
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    Jul 8, 2017
    gytl04yb0b7z.jpg
     
    #91
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  11. Ordinary Joel
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    Ordinary Joel Found a new way to flow

    Jul 7, 2017
    http://www.billboard.com/articles/business/7857179/kanye-west-threatens-part-ways-tidal

    7/6/2017 by Andy Gensler

    [​IMG]
    Kanye West and Jay-Z onstage at the Tidal launch event #TIDALforALL at Skylight at Moynihan Station on March 30, 2015 in New York City.
    JAY-Z's former collaborator threatens to break his deal with the streaming service following a financial dispute.

    Update 7/6/17 at 12:00 p.m EST: A source close to Kanye West has confirmed that Tidal's exclusivity rights have been terminated based on what is alleged to be Tidal's failure to honor its financial obligations.

    Just as JAY-Z’s exclusive Tidal album release 4:44 was certified platinum four days after its release, it appears there may be rancor among at least one of the streaming service’s artist-owners. Reports surfaced over the holiday weekend that Kanye West, one of Tidal’s initial 16 artist-owners, is planning to break his exclusive contract with subscription-based DSP and allow future releases to appear on other music streaming platforms.

    According to a report that originally appeared on TMZ, West claimed that Tidal owes him “more than $3 million” after his album The Life of Pablo allegedly “resulted in 1.5 million new subscribers to Tidal, for which he was supposed to get a bonus but the company hasn't paid.” The report also claimed Tidal failed to compensate Kanye for his music videos.

    Tidal’s position, according to the report, is that West failed to deliver the videos he was required to by contract and he is still beholden to his agreement. While no lawsuits have yet been filed, it appears both sides' lawyers are engaged in the dispute and ramping up for what would seem an inevitable legal showdown between the superstar rapper and the streaming service that has yet to catch-on widely with consumers.

    Tidal declined to comment for this story and West's press and legal reps did not return requests for comment at press time.

    In January 2015, JAY-Z made a $56 million offer for the Swedish technology company Aspiro and its WiMP streaming service. By March 2015 he had renamed it Tidal and hosted a splashy launch featuring star power artist-owners which included Beyonce, West, Daft Punk, J.Cole, Jason Aldean, Coldplay, Usher, DeadMau5, Calvin Harris, Jack White and Nicki Minaj among others.

    Since then, the company has struggled to attract and retain paid subscribers during a period in which streaming now accounts for more than half of music industry revenues. At last unofficial count, the service had an estimated one million paid users, far behind market leaders Spotify and Apple Music (50 million and 20 million, respectively).

    This past May, Tidal lost its third chief executive in two years with the departure of Jeff Toig, who became CEO in January 2016 when he replaced interim CEO Peter Tonstad, who took over for Tidal's original chief exec Andy Chen.

    In January, however, Tidal boosted its funding selling off a 33 percent stake in the company to Sprint for $200 million while giving it access to the telecom company's 45 million customers. That deal helped buoy JAY-Z’s new album 4:44 which was certified platinum four days after its release thanks to a promotion sponsored by Sprint allowing consumers to download the album for free after submitting an email address and promotional code.

    All of which means JAY-Z, the face and name behind Tidal, has masterminded two consecutive releases (2013's Magna Carter, Holy Grail with Samsung) with corporate partners which have supported massive sales numbers before his albums even hit the streets. Those kinds of deals may not be easily available to Tidal’s other artist-owners, who in the wake of Hova's riches may be wondering much like Kanye if their music is being distributed as widely as possible and if they are maximizing their returns as well as JAY-Z.

    Those artists, though, may not have the personal relationship JAY-Z and Kanye have had and which seemed to culminate with the duo's 2011 joint studio album Watch the Throne which was followed by a tour.

    On Jay's new release, however, the song "k--- Jay Z" points to a schism between the two MCs with lyrics that make mention of Kanye receiving a supposed $20 million advance for 2016's Saint Pablo tour presumably from Jay Z's Roc Nation which he seemed to imply was undeserved. "But you got hurt because you did cool by 'Ye," the lyrics say. "You gave him 20 million without blinkin'/He gave you 20 minutes on stage, f**k was he thinkin'?"

    The lyrics could be a reference to the Saint Pablo tour getting cut short with 21 shows remaining. This came shortly after an erratic performance in Sacramento where Kanye ranted about JAY Z not calling him among other things. Not long after the show West was hospitalized for reported exhaustion.

    A source close to the situation says the the $20 million line from "k--- Jay-Z" had nothing to do with tour advances, saying Roc Nation doesn't structure its deals that way.
     
    Mar 28, 2024
  12. Sqrt Sqrt
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    Sqrt Sqrt Basketball Shorts with the Gonzales Park Odor

    Jul 2, 2017
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  13. G H I L
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    G H I L I’m the black Christian Grey

    Jul 2, 2017
    Choose your side wisely folks

    :kanye:
     
    #42
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  14. Enigma
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    Enigma Civil liberties > Police safety

    Jul 2, 2017
    d---.... they really ain't cool anymore. At least if Kanye gets off tidal, we don't have to deal with stupid tidal exclusives when he releases new music.
     
    Mar 28, 2024
  15. OwI
    Posts: 17,220
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    OwI I was riding on a bike on a very late night

    Jul 2, 2017
    Ye decided to f--- up his Jay connection totally
    Quits Tidal and asks for 3 milions
    (more info coming)
     
    Mar 28, 2024
  16. Sp00ky
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    Sp00ky SectionEighty's Friendly Robot

    Jul 2, 2017
    Hov loaned Kanye 20 million for his failed fashion line in 2011.
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    Kanye has been losing his mind slowly since then (Yeezy promo rants, Yeezus album, Nike Beef, TLOP, TLOP concert rants ect.)
     
    Mar 28, 2024
  17. Cunner
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    Cunner belter skelter

    Jul 2, 2017
    Imagine if kanye signs with apple and gets a beats1 show called good fridays :allears:
     
    Mar 28, 2024
  18. KTag
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    KTag My avatar is a meme

    Jul 2, 2017
    watch ur mouf
     
    Mar 28, 2024
  19. Michael Myers
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    Michael Myers Moderator

    Jul 2, 2017
    [​IMG]


    :mjcry::mjcry::mjcry:
     
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  20. Caslon
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    Caslon covered n moe

    Jul 2, 2017
    kanye is never releasing CD's ever again, Yeezus was the open casket for the medium
     
    Mar 28, 2024