Square’s $297 million deal for Jay Z’s Tidal may bring blockchain to the masses

Square’s $297 million deal for Jay Z’s Tidal may bring blockchain to the masses

the Sun Daily - World·2021-03-05 15:06

MARCH 4: Payments firm Square Inc agreed on Thursday to buy a majority stake in rapper Jay-Z’s Tidal music streaming service for $297 million in a deal that could popularize blockchain or other new approaches to storing and buying online media.

Square Chief Executive Jack Dorsey, who also runs Twitter Inc, said in a statement that the tie-up “comes down to one simple idea: finding new ways for artists to support their work.”

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