Yesterday (Feb. 29) there were rumours that Jay Z's streaming service Tidal was facing a lawsuit. John Emanuele, of the band The American Dollar, and Yesh Music, LLC. alleged that the company did not live up to their side of their contractual promise thereby suing him with a $5 million class-action lawsuit. However, Jay Z's Tidal released the following statement, dismissing the allegations:
"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."
24 comments:
Ok
Hope he is saying the truth
Na him sabi.. None of my freaking bizness
* it's well*
Ok
~Make I go drink one bottle of beer~
Noticed.
The great anonymous will like to be identified as Linda driver, if he dey pain you...knack ur head for wall
Fools ain't know Jay knows the in n out of this sh*t?
Fcvk
Their wahala..
Enugu's second shoe designer
Ok
5 million kwa
There music was even streamed less than 13,000 times, which equals about 1-2k or less in royalties, and they suing for $5,000,000? Good thing Tidal paid the right people...they have no case.
Do You Have Problems Lasting Long in Bed?
Of course Tidal is an entity distinct from Jay z! Carter is a brand, Tidal is another brand, Jay z being owner doesnt mean they are the same
Noticed. More Instagram followers for you
Hmm
-D great anonymous now as Vivian Reginalds
Good to know
Seen. Linda observe!
Okay
Enter your comment...
reform
maybe after Obama
Whatever! Linda take note!
If it is ture then he should try to pay up
A bunch of ignorant fools. What has tort reform got to do with a case of breach of contract? Please, there's nothing tortuous about their alegation. And why should there be a tort reform in the US? Because you want the top shots and the big corporations to run rough shods over the masses? Thank God that Scalia died, the puerile agitations for tort reforms by big corporations has become more arduous.
Chyke
City: Unknown
Okay...
#FINEST
Okay...
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