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Duped: Jay-Z Files Lawsuit Claming Former Tidal Owners Inflated Numbers

04
Apr

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Bamboozled, hoodwinked.

Those words sum up the way Jay Z currently feels towards the former owners of Tidal.

So now the hip-hop mogul is planning to sue the former owners of his music streaming service claiming they inflated the number of subscribers prior to the sale…

According to reports Jay Z has filed paper work against Swedish venture capital company Verdane claiming Aspiro and the music streaming platform WiMP, which later became TIDAL, had far fewer than the 503k subscribers Verdane claimed they had at the time of the sale.

Jay Z bought Aspiro for $56 million last year.

Jay is seeking unspecified damages.

Stay Tuned.


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