Is Jay Z Now Trying to Escape TIDAL?
You will recall that back in March, Jay banded together with many of his famous friends — Beyoncé, Rihanna, Nicki Minaj, Madonna, and Kanye West among them — and bestowed upon the masses TIDAL, a new streaming service meant to rival Spotify and (in some undefined way) benefit artists and musicians.
The launch of Jay Z‘s artist-fronted streaming service TIDAL has been, by many different accounts, a mess. And it seems the service’s owner might have finally gotten the memo, too. Several of the artists involved in the TIDAL launch have since spoken out in support of the service, including Madonna and Nicki Minaj.
But as for Jay? According to HitsDailyDouble‘s Rumor Mill, he’s allegedly trying to find a way out.
Quote:
Tidal has gone eerily quiet of late, apart from statements of support from Nicki Minaj and Madonna, and the word is that Jay Z is looking to get out. This ambitious undertaking has cost him millions of his own money because he never got the expected funding, he still hasn’t paid the licensing fees to the rights holders and no one is likely to throw him a life preserver and bail him out, so he has little choice at this point except to stop the bleeding. What will his exit strategy look like? Interesting to note that it’s not Apple, Sony, UMG or WMG that could be putting the final nail in the Tidal coffin, but Cash Money’s Slim and Baby Williams, with their copyright-infringement suit against the service for its recent exclusive with alienated label artist Lil Wayne
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In mid-July, Birdman’s Cash Money filed a lawsuit for $50 million against TIDAL after Lil Wayne premiered the Free Weezy Album exclusively on TIDAL, claiming ownership of Weezy’s music.
Read More:
http://popcrush.com/jay-z-tidal-leave-escape-lawsuit/
by Bradley Stern July 30, 2015 1:01 PM
Other Sources:
http://www.celebuzz.com/2015-07-30/j...-tidal-rumors/
http://hypebeast.com/2015/7/jay-z-re...ays-with-tidal
http://news.hiphopearly.com/jay-z-lo...-l-bail-tidal/
its clearly fake.