Streaming Service Tidal Threatens Norway With Arbitration
Law360 (August 21, 2019, 9:08 PM EDT) -- The global music streaming and entertainment platform Tidal, which is owned by artists including Jay-Z, Beyoncé, Kanye West and Alicia Keys, has put Norway on notice of an investment treaty dispute stemming from the nation's investigation into allegedly falsified streaming figures.
Lawyers from Quinn Emanuel Urquhart & Sullivan LLP, the firm representing Tidal's Polish unit, alleged in an April letter to Norwegian authorities that the investigation initiated by the country's National Authority for Investigation and Prosecution of Economic and Environmental Crime, or Økokrim, is "inadequately justified and aggressive."
The streaming service, which was reportedly purchased by Jay-Z for $56 million in...
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