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Sqaure to buy majority stake in Jay-Z's Tidal for $297 million

Video Credit: Bleacher Report AOL - Duration: 02:54s - Published
Sqaure to buy majority stake in Jay-Z's Tidal for $297 million

Sqaure to buy majority stake in Jay-Z's Tidal for $297 million

Square (SQ), the payments company founded and run by Twitter CEO Jack Dorsey, announced it has agreed to acquire a majority stake in Jay-Z’s music streaming service, Tidal.

CNN’s Brian Stelter reports.


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Jack Dorsey made the announcement on March 4.

Credit: Cover Video STUDIO     Duration: 01:05Published
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Square to Acquire Majority Stake in Jay-Z's Tidal . Jack Dorsey made the announcement on March 4. . The deal is expected to close in the second quarter of 2021 and consist of a $297 million mix..

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Twitter CEO Jack Dorsey's payments-processing company Square on Thursday agreed to buy a majority ownership stake in Tidal, a music streaming service owned by rapper Jay Z, for $297 million in cash and..

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