New reports have indicated that Jay-Z has finalized a deal with Jack Dorsey‘s Square Inc. for $302 million USD.
JAY-Z Finalizes $302 Million Deal To Sell TIDAL Majority Ownership
Square acquires a majority of Jay-Z’s music streaming service Tidal for $297 Million
Jack Dorsey’s Square acquires a majority of Tidal, the streaming music service owned by Jay-Z. Square will pay $297 million in stock and cash for the stake in Tidal and Jay-Z will join Square’s Board of Directors after the closing of the transaction.