Shawn “Jay-Z” Carter is back in the headlines for allegedly stealing. The Hip Hop mogul and his music streaming company Tidal and its parent company Aspiro, were recently accused by Yesh Music, LLC and The American Dollar band member John Emanuele for allegedly streaming some of their music without paying royalties, filing a $5 million class action suit against Tidal. The accusations in this suit clearly go against what the company asserts to be the premise to why it was started in the first place. Jay-Z is quoted in the New York Times saying: “Everyone knows that the pay system is unfair to artists. Everywhere else, everyone gets compensated for their work. Music is everywhere — you consume it every day, everywhere you go. The content creator should be compensated. It’s only fair.” Shortly after hearing about the claims, Tidal released a statement, setting records straight.
Statement from TIDAL
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.
In hopes that people will learn to respect the value of music again, Tidal offers unlimited access to an extensive music library, exclusive artist features and the opportunity to hear new and emerging talent for an affordable price with military, family and student discounts available. If interested in a free trial, click here.
By Melody Lanei