Prince's Estate Rejects Jay Z's Tidal Deal; Says Hov Owes Them Money

By HHL Editors

Jay Z and Tidal's $40 million offer to acquire the streaming rights to Prince's catalog has been rebuffed.

The late singer's estate fired off a letter in which they stated they have no interest in having "Roc Nation exploit any of the intellectual property assets of the Estate."

In fact, the estate says when Tidal made Prince's 15 albums available to stream after his death it was in violation of Prince's contract with the streaming service, which they say was only for the Purple One's final album, HitNRun Phase One.

Furthermore, they claim Tidal never paid the $750,000 Prince was owed for the 2015 album's streaming rights.

Expect this to all be in court soon.

Posted In: News


News Chance The Rapper Says Kanye West Collab Album 'Good Ass Job' Probably Won't Happen / News News T-Pain Is About To Lose His Florida Home / News News Report: Joe Budden Came Out Of Retirement And Participated In BET Cypher / News News Kevin Gates Confronts Cook & Manager After His Chicken Is Improperly Battered / News News Lil Wayne Responds To Shot From Eli Manning; Goes Rikers On NYC Press / News News 50 Cent Signs Massive Nine-Figure Multi-Series Deal With Starz / News