Square buys majority of Tidal, adds Jay Z to its board in bi

Square buys majority of Tidal, adds Jay Z to its board in bid to shake up the artist economy

This morning Square, a fintech company that serves both individuals and companies, announced that it has purchased a majority stake in Tidal, a music streaming service. The deal, worth some $297 million, will allow artist-partners to keep their ownership in the music company. Square CEO Jack Dorsey used his other company, Twitter, this morning to explain the deal.

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