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Beyonce May Be Removed From Jay Z's TIDAL (Recap)


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On Monday Beyonce May Be Removed From Jay Z's TIDAL was a top story. Here is the recap: (Radio.com) Apparently Beyonce's record label didn't get the message about TIDAL being for all. According to Bloomberg, Sony, which owns the licensing rights to Bey's music, is looking for a large cash advance from TIDAL.

If the two cannot strike a deal it is quite possible that all of her music could be removed from the high-quality streaming service. Yes, the company that her husband Jay Z owns, and she holds stake in.

Bloomberg reports that TIDAL already struck similar deals with Universal and Warner, but after a failed investment with Sprint, they are finding themselves strapped for cash. Their cash problem, according to Bloomberg, could also have something to do with the 900,000 subscribers they claim they have, which probably only signed up for a trial run and did not sign up for a paid account. Read more - here.

Radio.com is an official news provider for antiMusic.com.
Copyright Radio.com/CBS Local - Excerpted here with permission.

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