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JAY-Z sells streaming service Tidal for $350 million - Entertainment News

JAY-Z sells streaming service Tidal for $350 million - Entertainment News
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Jay-Z Sells His Streaming Service Tidal to Jack Dorsey for $350 Million

Jay-Z Sells His Streaming Service Tidal to Jack Dorsey for $350 Million Celebrity The 99 Problems hitmaker reportedly receives $350 million from the Twitter boss as he sold his streaming service to the company owned by the social media mogul. May 2, 2021 AceShowbiz - Jay-Z has completed the sale of his streaming service Tidal to Jack Dorsey s financial services company, Square. The rap mogul launched the concept six years ago with a star-studded media event featuring his wife Beyonce, The deal went down on Friday morning (30Apr21), according to TMZ. Twitter co-founder Jack announced he was planning to buy Tidal from pal Jay-Z in March (21).

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JAY-Z sells streaming service Tidal for $350 million

2 h Share with: JAY-Z has completed the sale of his streaming service Tidal to Jack Dorsey s financial services company, Square. The rap mogul launched the concept six years ago with a star-studded media event featuring his wife Beyonce, Madonna, Alicia Keys, and Kanye West, and now insiders claim he has sold the majority of the company for $350 million (£253 million). The deal went down on Friday morning (30Apr21), according to TMZ. Twitter co-founder Jack announced he was planning to buy Tidal from pal JAY-Z in March (21). Square picks up 80 per cent of the ownership of Tidal, along with licensing deals with the major record labels and all the artists/owners will remain with the company too.

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Jay-Z Closes Sale Of TIDAL To Jack Dorsey s Square

A lot more people than are willing to admit it now thought that Jay-Z was crazy when he purchased TIDAL back in 2015. Getting in on the streaming wave early paid off for the Brooklyn rapper turned mogul, who has finalized the sale of the streamer to Jack Dorsey of Square fame for $350 million.

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TIDAL SOLD TO SQUARE

TIDAL SOLD TO SQUARE
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