Cash Money Records is suing Jay Z’s streaming company Tidal for $50 million
Yes Birdman wants everything involving Lil Wayne, his record label filed the Law Suit on Thursday according to TMZ accusing them of violating their rights to Lil Wayne’s music.
Tidal launched Lil Wayne’s Free Weezy Album after signing Wayne last month.
The streaming service responds to the claims by saying that Lil Wayne gave it the rights to the music in exchange for an ownership stake in the company.
Via TMZ:
Birdman’s company, Cash Money, is suing Tidal for streaming songs from Lil Wayne’s album FWA … suing for $50 MILLION. Cash Money claims it has exclusive rights to Wayne’s music and Tidal is an illegal intermeddler.
The lawsuit, obtained by TMZ, get nasty, with Cash Money claiming Jay Z’s fledgling company is now resorting to “a desperate and illegal attempt to save their struggling streaming service.”
According to the lawsuit, Tidal has claimed Cash Money does not have a exclusive lock on Wayne … Tidal claims Wayne specifically gave it the right to stream his music, in return for part ownership in the company.
Cash Money begs to differ and the company, quoting portions of its contract with Lil Wayne in the lawsuit. The contract specifically says Wayne does not have the power to license his music to anyone else.
And get this … Cash Money trashes Wayne’s FWA album, saying it got “tepid reviews” and could hurt Cash Money’s attempts to exploit Wayne’s music.