Jay-Z Joins the Square Board After the Company Acquires Majority Stake in TIDAL for $297 Million

Square is acquiring a majority ownership stake in Jay-Z’s streaming service TIDAL

Jay-Z will join the Square board as part of the deal

Jay-Z and Jack Dorsey announced the blockbuster news via Twitter.

Hov reportedly sold a majority stake for $297 million. Back in 2015, he purchased the company for $56 million.

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