How bad is TIDAL doing right now? I would have to guess that things aren’t going well for the streaming service… They did have a nice introduction though with all of the artist walking across the stage signing on to become what people assumed the most powerfull streaming service to date…
Now comes a 50 million dollar lawsuit… According to TMZ Cash Money is suing Jay Z’s TIDAL for streaming the album, calling it “a desperate and illegal attempt to save their struggling streaming service”…
Here is where it gets good… According to Billboard… TIDAL claims Lil Wayne’s contract with Cash Money is not exclusive and that he signed over the rights to the album to the streaming service. Cash Money states that Wayne does not have the power to license his music to anyone in the lawsuit, quoting his contract. Cash Money is also claiming damages, saying the release of FWA to “tepid reviews” could impact future efforts to market his music.
Stay tuned…