The Economic Times

In 2015, Jay-Z paid roughly $56 million for TIDALs parent company; six years later, Jack Dorseys Square paid $297 million for a majority ownership stake

In 2015, Jay-Z took a bold step by acquiring TIDAL with a vision to create a music streaming platform driven by artists. Fast forward to 2021, Square made headlines by securing a $297 million majority stake in TIDAL. This move not only empowers musicians to embrace entrepreneurship through Square's financial technology but also ensures that artist shareholders retain their ownership. This merger exemplifies the blending of entertainment and fintech sectors.