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TIDAL could be shopping around for a new owner.
Square Inc., the mobile payment app led by Twitter founder Jack Dorsey, might end up acquiring TIDAL, according to Bloomberg. Dorsey and Jay Z have reportedly discussed a possible sale, but it is unclear if the alleged negotiations will actually result in an acquisition.
The rumored sale may have something to do with why Jay put his discography back to Spotify for his 50th birthday last year.
Hov acquired TIDAL for $56 million from Norwegian company, Aspiro, in 2015. The subscription-based music streaming company has been touted as a better option for artists in that it offers higher royalties than competitors like Spotify and Apple Music.
The company has however been accused of not paying artists, and settled an $84 million class action lawsuit last year amid claims of “fraudulently” persuading customers to subscribe by claiming that Kanye West’s Life of Pablo album was an exclusive release.
Despite a star-studded 2015 launch event attended by West, Beyoncé, J. Cole, Usher, Rihanna, Madonna, Nicki Minaj and more, TIDAL has had a rocky few years — especially when it comes to corporate leadership. The company went through four CEO’s in two years, the most recent of which, Richard Sanders, was appointed to run TIDAL in 2017.
That year, Sprint purchased a 33% stake in TIDAL for $200 million.
Rapper Casanova is wanted by federal investigators in connection with a sweeping indictment charging 18 alleged members of the Untouchable Gorilla Stone Nation Gang with various racketeering, murder, drugs, guns, and fraud offenses, the Justice Department announced on Tuesday (Dec. 1).
The FBI New York tweeted a photo of Casanova and encouraged anyone with information on his whereabouts to contact the bureau. “We are still looking for Caswell Senior, aka Casanova, in connection with this case.”
The 34-year-old rapper is named in the indictment which was unsealed in a White Plains federal court Tuesday. Casanova is the only one out of 18 defendants who has yet to be arrested, the indictment states.
He faces single cont of conspiracy to commit racketeering, conspiracy to distribute controlled substances, and possession of a firearm in furtherance of a drug trafficking crime. Each charge carries a maximum sentence of life in prison.
“As alleged in the Indictment, members of Gorilla Stone committed terrible acts of violence, trafficked in narcotics, and even engaged in brazen fraud by exploiting benefits programs meant to provide assistance in response to the COVID-19 pandemic,” acting U.S. Attorney Audrey Strauss said. “Because of that, communities across the Southern District – from Poughkeepsie to Peekskill to New York City – suffered.”
“Most shocking, as alleged in the indictment, a minor was murdered in furtherance of the gang’s activities,” continued Strauss. “Because of the extraordinary work of our law enforcement partners, the defendants now face federal charges for their crimes.”
The indictment outlines a string of crimes that took place between Jan. 2018 and Sept. 2020.
Alleged gang member Brandon “Stacks” Soto has been charged in connection with the murder of a 15-year-old victim in Poughkeepsie, New York, in September.
In July, Stephen “Chino” Hugh allegedly shot at rival gang members in New Rochelle to allegedly “maintain and increase his position” in the gang’s “racketeering enterprise.” A month earlier, suspects Naya “Baby”Austin, Dezon “Blakk” Washington, and Jordan “Flow” Ingram committed armed robbery of a rival drug dealer, the indictment alleges.
Austin and another suspect, Shanay “Easy” Outlaw, were also charged with filing fraudulent documents to receive COVID-19 related unemployment benefits
The indictment goes on to allege that Brinae “Luxury” Thornton shot a rival gang member in Brooklyn in 2018 in an attempt to “maintain and increase her position” in the gang. That year, another alleged gang member, Robert “Blakk Rob” Woods, supposedly slashed a victim in the face.
Also named in the indictment were Dwight “Dick Wolf” Reid, Christopher “Beagle” Erskine, Walter “Shells” Luster, Deshawn “Don” Thomas, Brandon “Untouchable Dot” Nieves, Ahmed “Ammo” Walker, Isaiah “Zay” Santos, and Robert “Trouble” Sligh, all of whom have been arrested and accused of being members of Gorilla Stone.
Nipsey Hussle’s The Marathon Clothing Store has reportedly been hit by vandals. Multiple store windows were busted out, and some merchandise was looted from the storefront, The Blast reported on Tuesday (Nov. 17).
Cell phone footage shared by The Shade Room shows people cleaning up broken glass from outside of the store, which became a memorial location and tourist attraction after the 33-year-old rapper was gunned down in the parking lot in March 2019.
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The flagship clothing store, located in a strip mall near the neighborhood where Hussle grew up, temporarily closed last year. David Gross, Hussle’s business partner, later accused the Los Angeles City of Attorney’s office of working to shut the store down.
While the store is listed online as being open for business, the company phone number was out of service when VIBE reached out on Tuesday. Nonetheless, fans can cop TMC merchandise on the store’s website, including “FTD” shirts and masks that went up for sale after Y.G.’s 2016 single (featuring Hussle) landed back on the charts following the 2020 president election.
Besides selling clothes and other gear, the Marathon brand has expanded into cannabis, and recently announced a collaboration with Cana Farms dispensary.