Times of India·
In 2015, Jay-Z bought Tidal for $56 million
In 2015, Jay-Z co-acquired Tidal with a vision to create an artist-centered platform amidst increasing rivalry. Fast forward to 2021, Square secured a majority stake in Tidal for $297 million, underscoring a crucial need for financial resources to empower artists. Jay-Z and other artist shareholders maintained ownership while guaranteeing Tidal's independent operations. Through these transitions, Tidal's growth trajectory has become a testament to its evolving market presence.
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