Rumors that Beyonce’s catalog and the music of a number of other artists was on its way to being pulled from TIDAL due to a licensing deal with Sony Music, which houses the Houston songstress’ catalog, have been addressed by a CEO at Sony Music Entertainment.

The CEO, Doug Morris confirmed via a statement to Billboard, that Beyonce’s tracks are safe, and added that the company has no plans on removing their catalog from the streaming service. He also wished both Jay Z and TIDAL well in his statement.

“Jay Z is a friend and business associate for many years,” Sony Music Entertainment CEO, Doug Morris said in his statement. “I have always admired his business acumen, his entrepreneurship and his passion for music. All of our content, including Beyonce, is available through the Tidal service, and we have announced no plans to remove our catalog from Tidal. Like all of our other partners, we are rooting for Jay and Tidal to succeed.”

News of the possible removal of Beyonce’s catalog began with a Bloomberg Business feature story titled, “That’s Business, Man: Why Jay Z’s Tidal Is a Complete Disaster.”

“Nonetheless, if Jay Z can’t come up with the cash for Sony, he faces the possibility that Tidal might lose albums from some of its co-owners, most painfully Beyoncé, a Sony artist,” the story’s author, Devin Leonard, wrote.

In addition to Rihanna, J. Cole, Usher, and several other artists, Beyonce was one of the musicians present during the launch of TIDAL at a press conference last March.

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