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TIDAL fires a few employees over Lawsuit saga.

Entertainment March 2, 2016

It’s won’t be ‘his’ first time. Jay Z always get rid of the dirty spots – and if it’s stubborn stains, he always find a solution to remedy the situation. He’s at it again after TIDAL was faced with a lawsuit, Jay Z wasn’t impressed with the executive operation and thus had to make a few changes.

Mr Carter, swept off executive members even though, in the latest statement, they had reported that they are clear of royalty issues and are able to purchase master recordings.

Jay Z still fired a few members.

It was released in a statement that TIDAL had let go of COO Nils Juel and CFO Chris Hart, It evident that bad press let to their executive ranks affected.

Jay Z’s TIDAL continues to grow and has been reported that the release of Kanye West’s latest album The Life of Pablo – played a major role in growing TIDAL with more than double subscribers it had previously, within a week of it’s release.

 

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Jay Z’s Tidal faces Lawsuit Over Royalties

Entertainment March 2, 2016

I take it Tidal has been doing very for the past Months. It had one of the biggest and exclusive releases from the likes of Beyoncé, Rihanna, and Kanye West. Shawn Corey Carter, well known as his stage name Jay Z is indirectly facing a lawsuit of unpaid royalties that’s allegedly worth $5m (R77.9M)

TIDAL sent and responded to the lawsuit in a statement to Fader:

“TIDAL is up to date on all royalties for the rights to the music stated in Yesh Music, LLC and John Emanuele’s claim and they are misinformed as to who, if anyone, owes royalty payments to them. As Yesh Music, LLC admits in their claim, TIDAL has the rights to the Master Recordings through its distributor Tunecore and have paid Tunecore in full for such exploitations. Their dispute appears to be over the mechanical licenses, which we are also up to date on payments via Harry Fox Agency our administrator of mechanical royalties.

The main compositions in question were release by The American Dollar and their entire catalogue streamed fewer than 13,000 times on TIDAL and its predecessor over the past year. We have now removed all music associated with Yesh Music, LLC and John Emanuele from the service. This is the first we have heard of this dispute and Yesh Music, LLC should be engaging Harry Fox Agency if they believe they are owed the royalties claimed. They especially should not be naming S Carter Enterprises, LLC, which has nothing to do with Tidal. This claim serves as nothing other than a perfect example of why America needs Tort reform.”

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