Yesterdays (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."
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