Tidal Flops

Giselle

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When Jay Z launched Tidal last year, he did so on the idea that the streaming service would be the first of its kind to take care of artists with higher royalty payouts. After the official launch event, Jay even tweeted that Tidal was going to pay every artist, writer, and producer featured on the service a 75 percent royalty rate, which was higher than any other streaming service in the industry, at least according to Hov. Now, it appears that Hov and Tidal are in some serious hot water over their royalty system, as they're reportedly facing a $5 million class-action lawsuit from Yesh Music, LLCand John Emanuele from the band, the American Dollar.

The lawsuit, which was uploaded online to the site Scribd here, claims that Tidal streamed 116 of the band's copyrighted songs without paying back any royalty payments in the process. The firm Garbarini Fitzgerald P.C. reportedly filed the lawsuit in the United States District Court Southern District of New York over the weekend, according to the uploaded documents. As of now, neither Jay, Tidal, or Tidal's parent company, Aspiro, which is also named in the suit, have responded to the case.

We spoke with the lawyer in the case, Richard Garbarini, on the phone, and he confirmed that the suit was filed over the weekend. Over the phone, Garbarini said that the band received no royalties for their work until this past Nov., and that the group asked months ago to have their music removed from Tidal. As of today, the band's music is currently still available to stream on Tidal. "I find it fairly amazing an organization that claims it was going to pay the artists, systematically does not pay the artists," Garbarini said.

Tidal reportedly used faulty numbers to make payments to artists and may have undercut the money they owed to artists by as much as 35 percent, according to the filed documents. The band claims that they were expecting monthly reports on royalty payments and usage of every song on the service, but nothing was ever sent, according to the lawsuit.

The news of this lawsuit comes just days after a report surfaced that Samsung is in talks to buy Tidal, though nothing has been confirmed as of now. Tidal's success has been a true rollercoaster over the past year, but recently saw a bump in subscribers when Kanye West exclusively released his new album, The Life of Pablo, on the streaming service. We've reached out to Tidal for comment on the lawsuit and will continue to update when more details surrounding this story come out.
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Jay Z and Tidal Are Facing a Lawsuit Over Not Paying Out Royalties to Artists



He better go ahead and sell tidal to Samsung if they want it. That's his best option right now.
 
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Giselle

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I have been saying what Yahoo Finance has been saying all over the booth.

But some of you claim I don't know what I'm talking about. LOL :queen:
 
Giselle

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Hood Critic said:
Click bait thread...

This suit is for royalties prior to Jay Z purchasing Tidal. Also someone at Yahoo or the OP can't read very well because the Plaintiff states they're owed royalties on 148 recordings. And has only seen mechanicals as of Nov 2014.
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Yahoo and the lawsuit are two different stories.
We spoke with the lawyer in the case, Richard Garbarini, on the phone, and he confirmed that the suit was filed over the weekend. Over the phone, Garbarini said that the band received no royalties for their work until this past Nov., and that the group asked months ago to have their music removed from Tidal. As of today, the band's music is currently still available to stream on Tidal. "I find it fairly amazing an organization that claims it was going to pay the artists, systematically does not pay the artists," Garbarini said.

Tidal reportedly used faulty numbers to make payments to artists and may have undercut the money they owed to artists by as much as 35 percent, according to the filed documents. The band claims that they were expecting monthly reports on royalty payments and usage of every song on the service, but nothing was ever sent, according to the lawsuit.​
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@Hood Critic

I think you're wrong :queen:

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Plaintiff EMANUELE has not received an NOI or been paid royalties from eitherthe WiMP or TIDAL streaming services.7.
Plaintiff YESH has not received mechanical royalties from the WiMP streamingservice, and only reduced royalties from the TIDAL streaming service.8.
Ironically, when Defendant CARTER purchased the TIDAL Music Service in2015, it claimed it would be the first streaming service to pay the artists. Different owner, same
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Giselle

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Tidal fires its CFO and COO
The streaming service says it's relocating its operations team
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Tidal has let go of its CFO Chris Hart and COO Nils Juell, the company confirmed to The Verge. The news of their terminations was originally reported by the Swedish news site Breakit and Norwegian newspaper Dagens Næringsliv. Breakit reports that Hart was let go after a dispute about how Tidal shares its streaming data.

For its part, Tidal says it has moved its operations and accounting divisions from Oslo, Norway to New York where owner Jay Z maintains an office, but notes its tech team will remain in Norway. "Tidal has terminated CFO Chris Hart and COO Nils Juell," Tidal said in a statement to The Verge. "As Tidal has grown into a global operation serving 46 countries we have moved our accounting and operations team to New York while our technology team and key support staff remain in Oslo."


"WE HAVE MOVED OUR ACCOUNTING AND OPERATIONS TEAM TO NEW YORK."

If Hart was let go over a streaming-data dispute, it wouldn't be too shocking. Tidal has not shared streaming data with Nielsen Music on a couple of its recent exclusive releases, including Beyonce’s new single "Formation" which isn’t present on Billboard’s Hot 100 chart, and Kanye West's latest album, The Life of Pablo — which failed to crack the Top 20 on the Billboard 200 chart. Despite the fact that the album's 18 tracks are currently the 18 most popular tracks on the streaming service, the lack of reporting by Tidal, where the project is exclusively available, caused the album to miss Billboard's chart entirely.

Juell and Hart have become the latest Oslo-based executives to get the axe, after head of product Ervin Draganovic and CEO Peter Tonstad left the company last summer. On the bright side, this gives new CEO Jeff Toig the chance to build out his own team in the US, and see if he can change the perception (and too often the reality) of Tidal over the coming months.

Update: March 1st, 11:50AM: Tidal says it does share streaming data with Nielsen Music unless requested not to by an artist.
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Tidal fires its CFO and COO

 
2manyFCKNrappers

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Tidal is the superior streaming service. The sound quality is 2 - 3 times better than Apple & Spotify and they both know it, which is why they keep spending so much money to slander the company to keep people from realizing.
 
Giselle

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2manyFCKNrappers said:
Tidal is the superior streaming service. The sound quality is 2 - 3 times better than Apple & Spotify and they both know it, which is why they keep spending so much money to slander the company to keep people from realizing.
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From what I've read from people who have it, the sound quality is only better on the more expensive version, not the regular version that is the same price as spotify.
Todd McPiff said:
you want a cookie or something? :dame:
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Nope. I want a "You were right @Giselle :salute:"


lol

There was a guy on here a while ago who called me all types of stupid btches over this. Then when I proved him wrong, he never came back to the thread. :mjlol:

Let me go find those posts. brb :queen: lol
 
Giselle

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I only put my last post and his 2 posts in here b/c I didn't want it to be too long. If you want to read the whole thing, you can in the original thread that the quotes came from.

Nemesis said:
lol.... never heard so much crap in my life.....

so should people stop making cellphoines because we have Iphones

should people stop making cars because we have Ford

dummy...

its like white people get extra heated whenever Tidal is mentioned ...lol it aint going anywhere

look at Kanyes last album numbers ....... on a million records sold most artists wont see a penny in royalties .... most artists are only caking off publishing,tour. merchandising etc.... but not royalties
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Nemesis said:
wow .... theres stupid and theres really stupid ....

your diatribe just proved your ignorance ....

people go into business to make a profit dummy, whether the product is needed or not is irrelevant , thats why you have people that will pay over a million dollars for a Bugatti.... dumbass

since when has affordability had to do with anything? ever heard of premium products


but somehow in your retarded mind because there is one streaming outlet, all the others should cease

asinine and stupid argument.... ever heard of freedom of choice

are all your clothes the same brand?

stupid bytch..... I would have more respect for you If you are real.... motherfukkers tying themselves in knots trying to see a black man fail but trying to dress it up as something else

your parents failed you..


at least you had the sense to your stupidity in spoilers
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This was the post that made him leave the thread. I didn't want to do all of this in the beginning. I was too lazy. lol

Giselle said:
@Todd McPiff @Nigerianwonder

@Nemesis

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3405151994_778be8fd4f.jpg



Porter's generic strategies describe how a company pursues competitive advantage across its chosen market scope. There are three/four generic strategies, either lower cost, differentiated, or focus. A company chooses to pursue one of two types of competitive advantage, either via lower costs than its competition or by differentiating itself along dimensions valued by customers to command a higher price. A company also chooses one of two types of scope, either focus (offering its products to selected segments of the market) or industry-wide, offering its product across many market segments. The generic strategy reflects the choices made regarding both the type of competitive advantage and the scope.

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Luxury cars are not the same thing as a streaming service. Luxury cars are a want for rich people who can afford them. Their selling point is differentiation (and exclusivity b/c not everyone can afford them), they don't have to be affordable.

People go into business to make a profit. You can not make a profit if no one wants or needs your product or service. No one will want your product if it's no different than what is already out there or if they don't save more money by using your product (affordability).

Now I will copy and paste some of my post about tidal b/c I don't feel like retyping it.

Exlcusives and free trials don't work. People will sign up to the the exclusive, use that free trial, cancel, and then sign up again when the next exclusive comes out. Why do you think tidal was stealing from people lol. Jayz will eventually (after many more tidal flops/fails) sale it when he isn't too prideful enough to take his L and move on.

Spotify has been out since 2006. These new streaming services (apple, tidal) came out in what, 2015? Everyone who was interested in streaming music is already with spotify or the less popular services. There is nothing different about tidal other than the little "exclusive" videos and songs, but nothing is really exclusive on the internet. Anything can be stolen. They should know this by now that people steal music/music videos, so music/video exclusives would never work. The only thing they have to work with is the concerts, but as I have already stated, people can sign up around the time for free, then cancel and sign up again for the next "exclusive" using different cards and email addresses. Tidal is not cheaper than the others and it does basically the same thing or less. It has nothing to set it apart from the other services. If people switch over they will have to give up their playlists or whatever that they've had for years now. They have no reason to switch over.

Apple has stuff to work with though since they have iphones and itunes. They have a much better chance if they can use iphones/itunes somehow to help their streaming services.



Comparison of on-demand streaming music services - Wikipedia, the free encyclopedia

I will also add that Spotify was never the only streaming service (look at the chart in thewiki link of all of the other streaming services that have been around that you've never even heard of). It was just the most popular one. The only one who was able to make a name for itself out of the many others that got started around the same time it did. Apple and tidal are newer. Apple is the only one that has a chance since it has iphones and itunes that it can use and people love the apple brand so much. Tidal has nothing nothing different to offer (that can't be stolen) and it isn't the most affordable. People also do not want to swith over b/c they will lose their spotify playlist that they've had for years (I think I said this already).

You seem to be pretty emotionally involved in this, calling me dumb and everything else. lol It's not my fault you don't understand. & This has nothing to do with "trying to see a black man fail" or being against black people. Jay Z stans love to use that little line. You can continue to believe that though :queen:
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@Todd McPiff

I get why you posted that now. You were actually one of the people who agreed with that guy :mjlol:
 
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