Friday, March 05, 2021

Square Acquires Majority Stake in Tidal

Back in December there were rumors that Jay Z was in talks with Twitter and Square co-founder Jack Dorsey concerning the sale of Jay's music streaming network Tidal [click here if you missed that]. 

The rumors were true... 

Yesterday Jack Dorsey announced that Square has accuired a majority stake in Tidal.

Jay also recently sold a 50% stake in Ace of Spades champagne brand to luxury brand LVMH [click here if you missed that].