×

Jay Z Threatens to Sue Former Tidal Owners Over Inflated Subscriber Numbers

There’s never a dull moment at Jay Z’s streaming service Tidal. This week, news emerges that the hip hop mogul is preparing a multi-million dollar lawsuit against the former owners of Tidal, which sold the service to him for around $57 million a year ago. The claim: Tidal’s former owners exaggerated the number of subscribers the music service had at the point of the acquisition.

“It became clear after taking control of TIDAL and conducting our own audit that the total number of subscribers was actually well below the 540,000 reported to us by the prior owners,” Tidal said in a statement sent to Variety. “As a result, we have now served legal notice to parties involved in the sale.”

Norwegian press reports relayed by Music Business Worldwide estimate that Tidal wants about $15 million back; the company declined to comment on these specifics.

The lawsuit comes just days after Tidal reported its own  numbers, claiming that the service now has more than 3 million subscribers worldwide — a number that was boosted by a series of recent exclusives.

However, some of those releases may not actually have been as exclusive, after all: Kanye West’s latest album “The Life of Pablo” will arrive on Apple Music, Spotify and other services as early as tomorrow, according to multiple reports. That’s despite the fact that West had previously promised to make the album a permanent Tidal exclusive.

Popular on Variety

More Music

  • Born to Be Live: 'Easy Rider'

    Born to Be Live: 'Easy Rider' Gets a Concert/Screening Premiere at Radio City

    In a year full of major 50th anniversary commemorations — from Woodstock to the moon landing — why not one for “Easy Rider,” Dennis Hopper’s hippie-biker flick that was released on July 14, 1969? That was the idea when a rep for Peter Fonda, who starred in the film as the laid-back Captain America, reached out [...]

  • Rob Thomas Sammy Hagar

    Sammy Hagar Joins Rob Thomas for 'Smooth' Performance (Watch)

    Who do you call when your pal Carlos Santana has plans on a Friday night? If you’re Rob Thomas, you recruit another famous friend, rocker Sammy Hagar, who turned up to help the singer close out the latest show of his Chip Tooth Smile tour with a performance of “Smooth” at the Fox Performing Arts [...]

  • US record producer The-Dream arrives for

    Top Music Publishers Come Together for Songs of Hope Honors

    The 15th annual Songs of Hope honors united songwriters, music industry insiders and more than a few preeminent doctors at producer Alex Da Kid’s Sherman Oaks compound on Thursday night. Jimmy Jam returned to host the event, which served as a fundraiser for the ever-vital City of Hope medical treatment center as well as a [...]

  • Monkees/Badfinger/Nazz Supergroup Takes Beatles' 'White Album'

    Monkees/Badfinger/Nazz Supergroup Gets Back to '68 by Touring Beatles' 'White Album'

    The 50th anniversary re-release of 1969’s “Abbey Road” may be just days away, but that doesn’t mean Beatles fans have been there and done that when it comes to celebrating ’68. Todd Rundgren, the Monkees’ Mickey Dolenz, Badfinger’s Joey Molland and several other name musicians of a certain vintage are teaming up to go out [...]

  • Rob Cowan, Greg Silverman'The Conjuring 2'

    Greg Silverman’s Stampede, School of Rock Team for Unscripted Series (EXCLUSIVE)

    Former president of Warner Bros. Pictures Greg Silverman is partnering with School of Rock through his content creation company Stampede. The collaboration with the music school will create exclusive content, starting with the development of an unscripted series.  School of Rock operates a network of performance-based education franchises that offer students of all ages guidance [...]

  • 'Downton Abbey' Music Gets 'Bigger, Better,

    As 'Downton Abbey' Hits the Silver Screen, the Music, Too, Gets 'Bigger, Better, Grander'

    When “Downton Abbey” fans hear that familiar strings-and-piano theme, a Pavlovian response ensues: Get to the television immediately, because you don’t want to miss a minute of the addictive Crawley family melodrama to follow. This week, with the “Downton Abbey” movie reaching theaters on Friday, fans can’t wait for their fix of Lady Mary and [...]

More From Our Brands

Access exclusive content