Jay Z's streaming music service TIDAL may be in a bit of trouble — more than just lack of subscribers we mean.
They're reportedly facing a lawsuit for not paying artists!
Yesh Music and John Emanuele from the band The American Dollar are suing the streaming service for $5 million stating that TIDAL streamed 116 songs from the band without paying ANY royalties!
Related: Dr. Luke's Camp Says Kesha's Shouldn't Be Commenting On Lady GaGa's Oscars Performance!
Attorney Richard Garbarini stated that the group never received any money for their work until last November when they asked the streaming service to remove their music. Garbarini went on to say:
"I find it fairly amazing an organization that claims it was going to pay the artists, systematically does not pay the artists."
While TIDAL has had their own problems over the past year from allegedly releasing Lil Wayne's album for free, to charging credit cards on closed accounts, the Holy Grail rapper's company is looking to squash this suit early as they released a statement saying:
"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 entire catalogue in question 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."
Well that sounds pretty straightforward!
What do you think? Is TIDAL doing right by their artists?!
[Image via Abel Fermin/WENN.]
Tags: business blitz, jay z, john emanuele, legal matters, music minute, richard garbarini, the american dollar, tidal, yesh music