Kanye West, who is a key player in JAY-Z’s Tidal stable, has reportedly left the company over a money dispute and Tidal has threatened to sue him. Word is Kanye has complained the company owes him money – more than $3m.
According to sources from Tidal, Kanye has been unhappy with the company for a long time.
It has also been revealed that a month ago Kanye’s lawyer sent a letter to Tidal, saying the company was in breach and the contract was terminated.
Over the next two weeks that followed, lawyers for both sides tried to resolve the conflict but failed.
A fortnight ago, Kanye’s lawyer fired off a second letter declaring again the contract was over.
Kanye’s decision to split from Tidal came before the release of Jay’s album in which he trashes Kanye.
And Kanye’s beef with Tidal is twofold – his Saint Pablo album resulted in over a million new subscribers to Tidal, for which he was supposed to get a bonus but the company hasn’t paid. Kanye also says Tidal reneged on reimbursing him for music videos.
Close sources say Tidal’s position is that Kanye didn’t deliver the videos required by the contract. Kanye’s response … ‘I’ll deliver the videos when you pay me what I’m owed.’
Tidal fired off a letter to Kanye, saying as far as the company was concerned it still had an exclusive contract with the rapper and if he tried to go to another streaming service they’d sue him.
Various reports claim Kanye’s willing to walk away, but if Tidal sues him, he’ll sue them right back.
