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In 2015, Jay-Z bought Tidal for $56 million; six years later, the rapper sold a majority stake to Jack Dorsey’s Square in a $297 million deal

Summary by Times of India
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 …

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Times of India broke the news in India on Monday, October 19, 2026.
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