Ownership record
Who owns Tidal?
Tidal is owned by Block, Inc. Square — as Block was then called — bought a majority stake for $297m in 2021, with Jay-Z retaining a holding and joining the company's board.
The short answer
- OwnerBlock, Inc.
- Owner isthe payments company founded by Jack Dorsey, then called Square
- Owned since2021
- Previous ownerJay-Z and a group of artist shareholders
- Reported consideration297,000,000 US dollars
- Assetthe music streaming service relaunched by Jay-Z in 2015
How the deal was structured
The stated logic was linking artist payouts to Square's merchant tooling. Block later wrote down part of the investment and cut Tidal's headcount as streaming economics tightened.
On the money trail board this sits as a 2021 movement of $297M between New York and San Francisco, sourced to Wikipedia. Open the full ledger entry.
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