Jay Z Suing Former TIDAL Owners For Estimated $15 Mil For Finessing Him

toomanydoses

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Called due diligence, he won't win that suit over something so obviously verifiable independent of what the company said. He bought a lemon knowing what it was
 

JayGatsby

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Instead of building an empire with Dame, he flees to Europe and got finessed by them nordic cacs for a bootleg music streaming service. Sad day. Should have used the 57mil and created a music and movie publishing and production company for new artists.

Moron is just hustling backwards.

wouldn't that go hand in hand:ld:
 

Higher Tech

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His advisers :ufdup: on the due diligence.

Truthfully he should have just took stock compensation for repping Apple or Spotify and avoid the headache of having to actively manage an internet business that is not really in his wheelhouse.
He would have probably made more money and people would shyt on Jay for not starting his own company. Folks want it both ways. I'm happy he made his move with Tidal and that he's fighting his way through the adversity that's been coming his way. I'm not a Tidal subscriber, but I got hella respect for the move.
 

Higher Tech

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Instead of building an empire with Dame, he flees to Europe and got finessed by them nordic cacs for a bootleg music streaming service. Sad day. Should have used the 57mil and created a music and movie publishing and production company for new artists.

Moron is just hustling backwards.
What stopped Dame from building his own empire? Or even having a successful name/brand post Jay.
 

Higher Tech

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Thats why I said before that I think Jay wanted to flip Tidal as fast as he could. Cuz there was only like 2 months between the time he bought it to the time they had their little Justice League press conference debut. Really not enough time to put a sound strategy in place.

Looks like they were moving too fast from jump. Even before he bought it...
I think 2 months is a good amount of time to develop a strategy. I don't think he wanted to sell it asap, but he had to start working quickly so he could start generating revenue.
 

Ms. Elaine

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To be fair to Jay, it's less to do with a business decision and more to do with MISREPRESENTATION.

Anyone can get got if a motherfukker is straight up lying or omitting material facts.

It happens to huge corporations and is not a knock on Jay. You can't stop a guy from lying to you lol...but you can recover damages.
Should have done his due diligence. :yeshrug: He should have asked for an independent audit.

Misrepresentation =! lying.

He probably thought, "These guys are nordic cacs, they're completely honest." :russ:

He got played like Stringer got played on The Wire. There ain't no bigger sharks than those in the corporate world, nikka. :russ: You can steal more with a pen than a gun.
 
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IWunD3r

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Instead of building an empire with Dame, he flees to Europe and got finessed by them nordic cacs for a bootleg music streaming service. Sad day. Should have used the 57mil and created a music and movie publishing and production company for new artists.

Moron is just hustling backwards.
be broke... and tell nikkas with money, what to do with their money...breh:bryan:
 

Gravity

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Should have done his due diligence. :yeshrug: He should have asked for an independent audit.

Misrepresentation =! lying.
So you give passes to crackers who do shady business just to spite blacks that you don't like?
 

Ms. Elaine

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So you give passes to crackers who do shady business just to spite blacks that you don't like?
Again, his arrogant ass could have done prevented this situation. In business, you should expect that everyone is trying to screw you over. If you got got, especially if you are reckless, that's on you. :yeshrug:


I don't know why you're riding so hard for him when Jay don't give a shyt about you or the community. :francis:

He still fukked with Barneys after those racial profiling incidents, right. :dame::sas1::sas2:
 

No1

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Proof?

And I always believed Jay wanted to get paid like Dr. Dre did.
No, Apple offered him an exclusive deal and said no. The way they're adding to TIDAL, it doesn't look like they have any intention of stopping.

Aside from music, they have shows like Money and Violence (obviously), but Cipha Sounds has season 2 of his comedy show debuting tomorrow.

It's also dope how they let you make playlists out of songs and music videos or mix them up. You can even download, live concerts and put it on a play list.

LIstening to Hov's B-sides concert on the subway :wow:

Spotify said last year that they made a profit for the first time, if I remember correctly.
 
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