Square tidal 297m jayz12/14/2023 We see millions of entrepreneurs, artists, musicians in the world who are underserved. Square, the payments-processing company led by CEO Jack Dorsey, announced plans to buy a significant. “That could be more about creating new markets like Square did in the early days, we were serving customers that were largely underserved and created a market. Jack Dorsey’s Square to Acquire Jay-Z’s Tidal Streaming Service for 297 Million. In closing, Dorsey thanks Tidal customers (along with a commitment to constantly improve the service) as well as Jay-Z for his vision, wisdom, and leadership. “We’re especially interested in creating new adjacent opportunities in service of the whole artist experience and their experience with their fans in addition to the streaming service,” Dorogusker said. The hip-hop legend recently sold a 50 stake in his champagne brand Armand de Brignac (Ace of Spades) to lux giant LVMH for 600m+ (netting him 320m). In an interview with Billboard after the acquisition was announced last month, Dorogusker said that while the core streaming service would remain an important part of Tidal, Square wants to expand Tidal to fully serve artists across the board. Square spends 297m for a majority stake in Jay-Z owned streaming service, Tidal Jay-Z is on a roll. He previously lead the development of the ubiquitous Square Reader and lead the team that launched Apple’s lightning connector during his time at the tech company. Here’s what I’m talking about: Square, the payments company founded by Twitter CEO Jack Dorsey, will acquire a majority stake in Tidal, the audio streaming service founded by musician Jay-Z. is an American public company founded in 2009 by Jack Dorsey and Jim McKelvey.Initially named Square Inc., the company comprises various businesses within the financial technology sector. Square will soon begin its search for a permanent head of Tidal, but Dorogusker should provide a stable hand to lead the streaming service forward. Square Is Acquiring a Majority Stake in Tidal for $297M
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