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jay-z sells tidal Tag

April 30, 2021
Latest News

Jay-Z to Sell Tidal for $350 Million to Financial Company Square

[ad_1] A new report claims that Jay-Z has sealed the deal on selling his TIDAL streaming service.According to TMZ on Friday (April 30), Hov has reportedly followed through on a tweet he shared back in March, which announced the sale of TIDAL to financial tech company, Square Inc., owned by Jack Dorsey, who is also the cofounder and chief executive of Twitter. Jay supposedly closed the deal this morning, selling the music streaming platform for $350 million.As for the details of the recent exchange, Square will receive 80 percent ownership of TIDAL. Additionally, the tech company will acquire licensing deals with major record labels while artists and owners will stay with TIDAL.Jay-Z and Roc Nation...

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March 4, 2021
Latest News

Jay-Z Tweets for First Time in Two Years, Sells Majority of Tidal

[ad_1] Jay-Z is making more power moves.Hov returned to Twitter for the first time in over two years on Thursday (March 4) to announce a huge business deal. Jay is selling a majority stake of his Tidal streaming service to tech company Square Inc. and its owner, Jack Dorsey. As part of the deal, Jay will remain on the company's board."I said from the beginning that TIDAL was about more than just streaming music, and six years later, it has remained a platform that supports artists at every point in their careers. Artists deserve better tools to assist them in their creative journey," Jay-Z tweeted about the deal. "Jack is one of...

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