Usher, Rihanna, Nicki Minaj, Madonna, Dead5Amu, Kanye West, Jay Z and J Cole (also known as Hollywood's self-professed "Illuminati")
The SEC rules of trade in America states it is illegal to overvalue a company. It misleads the public and potential investors, who could lose their shirts. Rapper Jay Z and Madonna, both U.S. citizens doing business in America, have been greatly overvaluing their failing music streaming company Tidal, in violation of SEC rules. As stated in the column yesterday, Jay Z greatly overvalued former company Rocafella, claiming it was worth $125,000,000 but had to admit the truth when a business newspaper exposed its true worth at $25,000,000.
Jay Z stated Tidal has 57,000 subscriptions. Each subscription is between $9.99 to $19.99. He has been lashing out against people bashing the company and not supporting it. However, if he indeed had 67,000 subscriptions, the company would not be in the financial trouble it is in with the CEO and nearly two dozen executives running for the exit last month. $670,000 to $1,340,000 per month in revenue. Over the course of one year that would be $8,040,000 to $16,080,000 in revenue per year. That would not be a company in distress. Jay Z just told on himself.
Jay Z And Madonna's Failing Tidal Music Service Is Hemorrhaging Money While Inadvertently Increasing Rival Spotify's Revenues
Snoop Dogg's Son Slams Jay Z, Beyonce, Rihanna And Madonna For Being Greedy And Not Caring About The Public (Tidal)
Congress Reintroduces Songwriters Equity Act Legislation But Will It Stem The Wave Of Copyright Infringement In Hollywood
Pharrell Williams Is A Chronic Copyright Thief But Is Protesting $7,300,000 ‘Blurred Lines’ Verdict Obtained By Marvin Gaye Estate
Copyright Office Corrupted By Madonna And The Kabbalah Center Issuing Bribes To Employees To Backdate Registration Dates And Access Private Copyrights
Serial Copyright Thieves Beyonce And Jay Z Sued For Stealing 'Drunk In Love' And Even Including A Clip Of The Original Artist's Voice On The Track
Rihanna Slammed For Stealing The Song 'B***h Better Have My Money' Which Is The Latest In A Long Line Of Thefts (Audio Comparison)