Is Jay Z Now Trying to Escape TIDAL?
Several of the artists involved in the TIDAL launch have since spoken out in support of the service, including Madonna.
“It’s important that people understand we didn’t create Tidal, we didn’t put this together, we didn’t all join forces because we’re broke and we want more money. The idea is we want to support other artists and we want people to understand this is our heart, this is our work, and we want people to recognize that and we want other artists to have a chance," the Rebel Heart icon explained in a recent interview with the AP.
Nicki Minaj also voiced her support for the service mid-Taylor Swift Twitter drama: "I'm so glad u guys get to see how this stuff works. Taylor took her music off spotify and was applauded. We launched Tidal & were dragged."
But as for Jay? According to HitsDailyDouble's Rumor Mill, he's allegedly trying to find a way out.
Tidal has gone eerily quiet of late, apart from statements of support from Nicki Minaj and Madonna, and the word is that Jay Z is looking to get out. This ambitious undertaking has cost him millions of his own money because he never got the expected funding, he still hasn’t paid the licensing fees to the rights holders and no one is likely to throw him a life preserver and bail him out, so he has little choice at this point except to stop the bleeding. What will his exit strategy look like? Interesting to note that it’s not Apple, Sony, UMG or WMG that could be putting the final nail in the Tidal coffin, but Cash Money’s Slim and Baby Williams, with their copyright-infringement suit against the service for its recent exclusive with alienated label artist Lil Wayne.
In mid-July, Birdman's Cash Money filed a lawsuit for $50 million against TIDAL after Lil Wayne premiered the Free Weezy Album exclusively on TIDAL, claiming ownership of Weezy's music.
Could this pricy legal matter — tied together with the frequent managerial switch-ups happening behind-the-scenes at TIDAL — be enough to leave Jay Z searching for the door? We sure wouldn't blame him.
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