JAY-Z FINALIZES TIDAL SALE TO JACK DORSEY FOR $350M… AS PLATFORM BOASTS OF PAYING ‘4X MORE PER STREAM’ THAN RIVALS
TIDAL is now majority-owned by Jack Dorsey’s Square, after a deal was reportedly finalized between Dorsey and Shawn ‘Jay-Z’ Carter on Friday (April 30). The acquisition was for more money than expected, according to TMZ, which reports that Square paid $350 million to buy an 80% stake in TIDAL. That figure was $53 million bigger than the number the […]