TIDAL Under Fire! | MUSIK !D TV NEWS
Uh oh! There have been some allegations against TIDAL for falsifying streaming numbers for Beyoncé’s Lemonade and Kanye West’s The Life of Pablo albums.
An investigation took place with the use of a hard drive that carries an enormous amount of TIDAL’s data. Dagens Næringsliv, a Norwegian financial newspaper, indicates that TIDAL is exceptionally behind with its royalty payments to music industry rights-owners.
“We have not been paid since October.” – Frithjof Boye Hungnes, CEO of Propeller Recordings
Other groups are declaring that TIDAL has not paid them for months, along with local artists like Bjørn Gunnar Sando and “Ravi” Johansen. It has been revealed that TIDAL’s parent company, Project Panther Bidco Ltd, lost $42.9 million in 2016.
What do you guys think? Let us know in the comment section down below.
