Saturday, 5 March 2016
Tidal faces lawsuit
Tidal, the music streaming service owned by Jay-Z and supported by many leading artistes inckluding DeadMau5, Madonna, Beyonce, Daft Punk and Kanye West, is now being sued for not paying artists. Yesh Music Publishing and John Emanuele (of the duo American Dollar) have filed a lawsuit against Tidal seeking $5 million. The lawsuit claims that Tidal licensed at least 118 songs by American Dollar without the group’s permission and hasn’t paid the royalties it owes for streaming the songs. The complaint also says Tidal is “deliberately miscalculating” its per-stream royalty rates and failing to send reports to the American Dollar about streams of their songs. It appears that TIDAL's CFO Chris Hart has been fired or 'terminated': Hart has held the CFO position since 2014, and has worked at Jay Z's company since 2012 Meanwhile, Norwegian newspaper Dagens Næringsliv reports that TIDAL COO Nils Juell was removed from his position in the past week.