Good news for those of you who were wondering if Tidal was still the little train wreck that could, I am pleased to confirm that yes, yes it is. While the train has yet to officially ride off the rails and careen full-speed down the ravine, it has once again skipped a couple tracks and caused the conductor (Jay Z,) to no doubt whisper “Shit shit shit” while searching for the kill switch.
Complex says Tidal has fired both their CFO and COO. According to a press release from Tidal (which I picture as being written on the back of a Spotify job application form) CFO Chris Hart and COO Nils Juell were given walking papers because the company decided to move their operations team from Oslo to New York. Chris and Nils won’t be lonely in the Fired From Tidal Club; they’ll be joining the two CEOs and 25 employees that were let go last year. And if Rihanna gets caught Twitter shading the boss’ wife again, she might be next.
No word on who will replace Chris and Nils, but whoever it is might want to pencil in a meeting with the Tidal lawyers for their first day. According to the Jasmine Brand (via Complex), Jay Z and Tidal became the recipients of a $5 million class-action lawsuit on Saturday. Yesh Music and John Emanuele of a band called The American Dollar claim they haven’t received a single royalty check from Tidal, despite streaming 116 of their copyrighted songs.
The lawsuit also alleges that the check-writing team at Tidal are shady bitches who used faulty numbers to make royalty payments and may have stiffed artists by as much as 35%. Shortly after Jay Z invested Tidal, he swore up and down that Tidal would pay every artist, including the non-famous ones, a 75% royalty rate. Shit, maybe Kanye West was telling the truth when he said he was broke?
Here’s the King and Queen of Tidal looking like the house from Up while leaving something called Giggles N’ Hugs with Blue Ivy on Saturday. And no, I can’t with Beyonce’s busted Dorothy Michaels glasses either.