Home United States USA — software Square is buying a majority stake in streaming service Tidal for $297...

Square is buying a majority stake in streaming service Tidal for $297 million

March 4, 2021

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Per the terms of the deal, Square will pay $297 million in cash and stock in exchange for a « significant » majority ownership stake. Existing artist shareholders will…
Per the terms of the deal, Square will pay $297 million in cash and stock in exchange for a « significant » majority ownership stake. Existing artist shareholders will maintain their holdings and be the remaining stakeholders.