Tidal to be majority owned by Square
Mar 4, 2021 at 10:23 AM Thread Starter Post #1 of 1

xand

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https://www.nytimes.com/2021/03/04/business/media/tidal-square-jay-z-dorsey.html

Square will pay $297 million in stock and cash for the stake in Tidal.

Jay-Z will join Square’s board.

"Square, which was founded in 2009, will offer financial tools to help Tidal’s artists collect revenue and manage their finances. “There are other tools they need to be successful and that we’re going to build for them,”..

Spotify HIFI could kill the streaming side though, if it's equivalent to Qubuz (and I'll slightly regret by MQA DAP purchase.. lol).
 

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