Friday, July 31, 2015

Lil Wayne Sinks Tidal's Ship?


Earlier this month Cash Money CEO Bryan 'Birdman' Williams filed a multi-million dollar lawsuit against Jay Z and Tidal after Cash Money artist Lil Wayne debuted his 'Free Weezy Album' on the fledgling music streaming service [click here if you missed that].

Now industry insiders are whispering Birdman's lawsuit is the straw that broke the camel's back…

From Hit Daily Double,
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. 
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.