Jay-Z Bought Tidal for $56M in 2015; Square Acquired Majority in 2021
In 2015, Jay-Z co-acquired the music streaming service Tidal for $56 million, aiming to create an artist-centered platform amid growing competition. In 2021, Square purchased a majority stake in Tidal for $297 million to provide financial support for artists. Jay-Z and other artist shareholders retained ownership while ensuring Tidal's independent operations, marking significant growth for the platform.
TOI Entertainment·


