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Square to Acquire Majority Stake in Jay-Z's Tidal

Video Credit: Wibbitz Top Stories - Duration: 01:06s - Published
Square to Acquire Majority Stake in Jay-Z's Tidal

Square to Acquire Majority Stake in Jay-Z's Tidal

Square to Acquire Majority Stake in Jay-Z's Tidal .

Jack Dorsey made the announcement on March 4.

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The deal is expected to close in the second quarter of 2021 and consist of a $297 million mix of stock and cash.

Tidal's remaining stakeholders will continue to be existing artist shareholders


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