“7 of the 15 artists with an ownership stake in Jay Z’s troubled Tidal streaming music service may have their music pulled from it as a result of Jay Z failing to reach a music licencing agreement with Sony, which owns many of the streaming rights to the musicians in question,” Luke Dormehl writes for Cult of Mac.

“Alicia Keys, Daft Punk, Jack White, Calvin Harris, J Cole, Usher have all released albums under one of Sony’s labels, while even Jay’s own wife Beyonce could see her music vanish from her husband’s attempt at a challenger to digital music giants like Spotify and Apple,” Dormehl writes. “According to an interesting and well-reported story by Bloomberg, Jay Z was apparently counting on an investment deal with Sprint to cover these costs, although Sprint has, well, sprinted to set the record straight by noting that its deal with Tidal is not ‘a financial investment or exclusive partnership.'”

Read more in the full article here.

MacDailyNews Take:

MacDailyNews Take: There has never been a moment where we did not consider Tidal to be a total joke.

Just another also-ran set to be obliterated by iTunes Music. — MacDailyNews Take, March 31, 2015

In terms of potential, Tidal is Buy Music redux. Jay-Z is Craz-E.

SEE ALSO:

Why Jay-Z’s Tidal music venture is a complete disaster – May 28, 2015
Jay-Z’s Tidal music service is already a spectacular flop – April 21, 2015
Why Jay-Z’s ‘Tidal’ music subscription service doesn’t matter – March 31, 2015