Via Vanity Fair
In March, Jay Z’s new business venture, Tidal, was unveiled with great fanfare, showing off the company’s star-studded roster of artists. Beyoncé, Madonna, Rihanna, Nicki Minaj, Jack White, and more were all on-hand, not only as musicians, but as equity shareholders in the new subscription-only streaming service. Turns out some of those artists may have forgotten to check with their record labels first, though, and many of them don’t actually control the streaming rights to their music, including Beyoncé.
Now, it appears that Tidal has yet to make a deal with Sony, who owns the rights to stream Beyoncé’s music. A recent piece by Bloomberg reveals that Sony is seeking a deal from the rumored-to-be cash-strapped streaming start-up, and if they don’t get it, they may pull all of Beyoncé’s music from the site, which would undoubtedly be awkward for everyone involved. And yet, as Billboard points out, Sony just did this with Soundcloud, pulling music by Adele, Hozier, Kelly Clarkson, Miguel, and more from the site when the two parties couldn’t reach a licensing agreement.
Wouldn’t that be something if Beyonce couldn’t have her own music stream on the site of the company she owns. Major mess-up.
Read the rest of the story here.