July 2, 2017: Kanye Exits the Tidal Family
Kanye left the company, which JAY acquired and relaunched in 2015, over a money dispute and Tidal threatened to sue him. Kanye believes the music streaming service owes him "more than $3 million" in fees and his lawyers sent Tidal a letter declaring the contract was terminated after a failed negotiation between both parties. TMZ also reported that Tidal sent Kanye a letter stating that he is still under an exclusive contract with the streaming service and will be sued if he takes his music elsewhere. According to the report, Tidal is arguing that Kanye failed to produce the contracted music videos, so therefore he is not eligible to a payout.