Thursday, May 17, 2018

Tidal Falls Behind on Royalty Payments


Last week it was reported Jay Z's music streaming service Tidal was guilty of wildly inflating the streaming numbers for Beyonce and Kanye West music at the expense of other artists [click here if you missed that].

Now comes word record labels are not being paid...

From The Verge
A new report in Dagens Næringsliv says that streaming service Tidal is months behind on payments to labels.
In the report, the newspaper says that multiple sources have divulged that Tidal is “behind with payments directly to the three major international record companies.” Backing this claim up are two executives from a label and its Sony-owned distributor who say they have not seen royalty payments in over six months.

27 comments:

Anonymous said...

Wow. So Billboard looks retarded printing his billionaire status and he's not paying his bills, falsifying documents and streams and God knows what else. Beyonce been real church house mouse because she'll be on the chopping block next. I see a bunch of people getting thrown under the bus for the fallout. Tip of the iceberg.

Anonymous said...

When the chickens come home to roost.....

Anon said...

Are thos artist going to jump up on stage and hold hands and swear that tidal is good for the industry? Dummies.

-Anon

HoodRat said...

Omg this fall from grace tastes so good!!! Wow everyday there’s new smear campaigns for jayz in the big news sector. Someone wants him to go down and I know it’s iconix! Goodbye jayz! U shouldn’t have sold rocawear to a thriving company and stayed on as creative director and licensing and underperformed, u are going down nigga!

Anonymous said...

I can't wait to see him and his bimbo wife get caught lying under oath. Al Capone didn't go to jail because of the violent shit he did, he went to jail for tax evasion. The IRS is not the ones to play with. Those 3 letters will get your ass right together.

Just an observation said...

Wait! Did the Lemonade cd really do as well as it did or was it inflation of numbers also? 🤔
What's with all these newcomers meeting them and then spouting how great they are? Did Chance get money to say that bullshit during his speech at that college? Hmmm, these sneaky m'fuckers!
Talking about numbers don't lie. Nigga, you rigging the numbers!

Anonymous said...

Him and R. Kelly about to have a #FIESTA in a jail cell Lord have mercy

Anonymous said...

2:10 Lemonwater didn't do nowhere NEARR as good as their PR team and those damn bumblebees made it out to be. Didn't get no #1's. Only way she could get a #1 was doing that tired duet with Ed Sheeran. Her last #1 was 10 years ago w/ single ladies in 2008. The smoke is starting to dissipate and the mirrors are starting to shatter.

Anonymous said...

Oh well tidal is a corporation that is run by other people. Jay z isnt the one who makes all the decisions. this is how these businesses work. Look at the business model for alot of corporations. They try to inflate their sales or whatever it maybe to please the shareholders. And alot of these business people only care about the quarter numbers. So they would hold on to capital so when the quarterly sales comes out they look profitable( make more people invest in the business =more money) This game isnt anything new and jay isnt the first of last to have his name attached to a company that has some shady business. THIS IS AMERICA. He's still rich

Anonymous said...

Thanks for the laughs y’all, fiesta, lol. Keep it coming it is a circus after all

Anonymous said...

Corporations aren't being subpoenaed for questioning, Shawn Carter is. Tidal is not getting bad press or Iconix but Jay is being outed as a fraud by reputable publications all over the world as its being reported he is several months behind in payments and being sued by artists as we type. America is not going to pay his debts dear publicist. If so they would not need to go back on tour. I have worked in finance and inflated numbers are never reported, maybe with held until the end of a quarter or pushed to fixed assets but even then they must all come out in the wash. If they dont balance then it is fraud, pure and simple. Tidal is the shady business and yes America is founded on shady businesses but they are not run or controlled by crack dealers so he can't get that exception dear p.r. control. Thanks.

Anonymous said...

2:28 CHIIIIILEE PLEEEZE... "other people" didn't get the idea to hack HIS WIFES numbers, HE HAS THE FINANCIAL MOTIVE TO DO THAT!! So that money he STOLE can circulate right back into their personal piggy banks. That's like insider trading. You CANNOT be that damn dumb! There are LAWS ON THE BOOKS!! BUSINESSES CANNOT DO WHATEVER THE FUCK THEY WANT just because "He's still rich"! ASK MARTHA STEWART! These theiving ass CEO's don't always get caught doing the dumb shit they do, but when they do get caught, then they have a lot of explaining to do! And JAY Z and his dumb wife is NOT exempt. Stan culture got the game all fucked up.

Anonymous said...

So much for being a savvy businesman as some people were dumb enough to believe. Im glad the truth is finally coming out. Im tired of these 2 arrogant narcissist constantly being forced down our throats.

E-STROKES said...

Matty just fucked around on Tina. Camel Cigs fucked around on Bey and falsified numbers. I would’ve kept my daddy as my manager the one who brought me downå the road.

I said it the other day. I think Bey is gonna be subpoenaed soon.

Anonymous said...

And the walls come tumbling down.

Anonymous said...

Not just that, investors were screwed because they believed his fake numbers, individuals and large companies. He's in trouble now. This is prison shit.

Anonymous said...

2:49 Im not pr or anything, I just know how a lot of shady business operate. look at the pharmaceutical industry more than half of our nation is addicted to pain killers. Who is being held accountable for that? but guys who sold crack to feed their family is still in jail. They pick and choose who they allow to do business. So to me trying to act like he is a horrible person because the company that he owns, isnt paying in a timely fashion is bad. I support tidal because what it means to me (black owned) so idk

Anonymous said...

and martha stewart went to jail because of insider trading. She got inside info to sell her stocks with a company.

Anonymous said...

and yes my grammar is all over the place, but im about to leave work so I had to get my point out lol

Anonymous said...

Damn. This is loooooooong overdue. Jay Z and Beyonce have become these arrogant monsters who need to be grounded back to Earth. Oh dear. Beyonce was better off with her Dad. He is waaay smarter than Jay will ever be. He would have made sure her music was on Apple and Spotify and not some garbage ass Tidal bs. Thats why she cant get a number one. She only puts her new material on Tidal.

Just an observation said...

2:19
I'm done at Lemonwater. Let me catch my breath so I can read the rest. 😆

DiamondInDaRuff said...

Showing off will bring disgrace. Check out Yvette Carnell on YT... About black celebs wealth.

Just an observation said...

3:29
Beyoncé subpoenaed ?!? That's all kinds of funny!!!

Anonymous said...

Life is But A Dream.

Anonymous said...

I guess they'll move to have the court case records sealed so that their financial information wont be made public.

Anonymous said...

Maybe this is why Kanye is aligning himself with the POTUS for self preservation.

Anonymous said...

Maybe this explains why Jay hasnt been combing his hair and seems to have aged in dog years.

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