This suit follows another lawsuit alleging Damon Dash was slated to sell the copyright to Reasonable Doubt, Jay-Z’s debut album as an NFT.
Damon Dash has reportedly filed a lawsuit against Jay-Z over streaming rights to Reasonable Doubt. According to The Hollywood Reporter, the new suit alleges Jay-Z wrongfully took the streaming rights for himself. Just last month, Roc-A-Fella Records filed a separate suit accusing Dash of attempting to mint and sell the copyright for the debut album as an NFT.
Per a report, Shawn Carter transferred streaming rights to Reasonable Doubt to S. Carter Enterprises LLC without authorization. This summons was filed on Tuesday in New York Supreme Court. Dash is suing over “unjust enrichment, breach of fiduciary duty, replevin and conversion.” He’s currently seeking at least $1 million in damages. Additionally, Dash’s suit is coming directly for who has been licensing the music to Spotify, Apple and other streamers.
“This is nothing more than a frivolous stunt,” Alex Spiro, a lawyer for Roc-A-Fella and Jay-Z, said in a statement.
Over the last month, Dash and Carter, Roc-A-Fella’s co-founders were at odds over the plan to sell an NFT of the Reasonable Doubt copyright. The record company’s suit stated the sale was “improper.” There was also a request for the sale to be canceled.
Dash has previously shared that the suit was filled with inaccurate information and he did not have plans to sell an NFT of Reasonable Doubt. Instead, he claims he wanted to sell his stake in Roc-A-Fella Records after the label attempted to purchase it at a low price, reports Rolling Stone.
Dash on the ongoing issues, “When another black man calls another black man a thief, just to make him look bad, and so that they can devalue an asset that that other man owns, just because he won’t sell it to him at a low price — I don’t think the culture needs that.” He also claims the NFT sale details were false.
As of June 22nd, Dash was prohibited from selling Reasonable Doubt as an NFT.
Stay tuned here for additional updates.