It’s true that Beyoncé is a part owner of Tidal, but the funny thing is, she is not the owner of the rights to her music. Nope, those belong to Sony Music, who currently has not come to a rights-sharing agreement with the streaming service and may soon pull all of its titles, as Bloomberg Businessweek reported.
When the rapper-turned-business mogul bought Aspiro (Tidal’s parent company), it meant he had to renegotiate all its streaming contracts. He came to a quick resolution with the owner of his and Roc Nation’s catalog, Universal, but it has been a bumpier path getting Warner and Sony onboard—both are apparently asking for large advances in return for the rights to their material. According to a Bloomberg source, a Warner deal was reached at the end of May, but the Sony contracts remain in the air, leaving the content from equity shareholders Beyoncé, Daft Punk, Alicia Keys, and Usher are in tenuous position.
Sony recently culled its music from Soundcloud when their negotiations broke down, removing all original recordings from the pages of artists like Hozier, Adele, Madeon (who mourned the move on Twitter), Kelly Clarkson, Passion Pit, Leon Bridges, and MS MR.