Jay Z’s Tidal could lose Beyoncé if it doesn’t pay Sony big bucks
Bloomberg’s insider sources say that both Sony and Warner have been asking Tidal for huge advances in exchange for the rights to stream their artists’ catalogs. While Tidal has apparently come to an agreement with Warner, it seems the Sony deal isn’t done yet — and if Tidal can’t find the cash to pay its requested royalties, it could lose the music of Beyoncé, who just happens to be one of Tidal’s flagship artists along with being Jay Z’s wife.
