Square to Acquire Majority Stake in Jay-Z's Tidal Streaming Service for $297 Million
Jack Dorseys Square to Acquire Jay-Zs Tidal Streaming Service for $297 Million Todd Spangler, provided by FacebookTwitterEmail Square, the payments-processing company led by CEO Jack Dorsey, announced plans to buy a “significant” majority stake in Tidal, the music and entertainment streaming platform run by Jay-Z. Square said it expects to pay a $297 million, in a combination of cash and stock, for the Tidal stake, with existing artist shareholders the remaining stakeholders. Tidal will op...
Greg Allen Invision Jack Dorsey Shawn Jayz Carter Acquire Majority Stake Tidal Streaming Service Nicki Minaj
Source: lmtonline.com