{"id":4148,"date":"2021-03-12T13:01:01","date_gmt":"2021-03-12T19:01:01","guid":{"rendered":"http:\/\/askcarterlaw.com\/?p=4148"},"modified":"2021-03-14T14:12:30","modified_gmt":"2021-03-14T19:12:30","slug":"sold-jay-z-sells-stake-in-tidal-music-streaming-service-to-square","status":"publish","type":"post","link":"https:\/\/askcarterlaw.com\/home\/sold-jay-z-sells-stake-in-tidal-music-streaming-service-to-square\/","title":{"rendered":"SOLD: Jay Z Sells Stake in Tidal Music Streaming Service To Square"},"content":{"rendered":"<p>Sold. Jay Z sells his majority stake in Tidal music streaming service to Square the mobile payments firm.Square will pay $297 million in stock and cash for the stake in Tidal.<\/p>\n<p><a href=\"http:\/\/askcarterlaw.com\/wp-content\/uploads\/2021\/03\/Evoydb1UUAUcF1j-750x400.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-4149\" src=\"http:\/\/askcarterlaw.com\/wp-content\/uploads\/2021\/03\/Evoydb1UUAUcF1j-750x400-300x160.jpg\" alt=\"\" width=\"300\" height=\"160\" srcset=\"https:\/\/askcarterlaw.com\/wp-content\/uploads\/2021\/03\/Evoydb1UUAUcF1j-750x400-300x160.jpg 300w, https:\/\/askcarterlaw.com\/wp-content\/uploads\/2021\/03\/Evoydb1UUAUcF1j-750x400.jpg 750w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Jay Z will join the board of directors on Square. Other owners of Tidal who include Beyonce, Madonna, and Rihanna will retain their stake, becoming the second largest shareholders in the company.\u00a0Square offers financial tools for small businesses. Jack Dorsey the owner of Square stated the two companies are joining forces \u201cIt comes down to a simple idea: finding new ways for artists to support their work. New ideas are found at intersections, and we believe there is a compelling one between music and the economy.\u201d The new acquisition between Square and Tidal\u00a0will allow artists to explore options such as receiving digital payments direct from fans with the platform.<\/p>\n<p>What do you think about the deal?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sold. Jay Z sells his majority stake in Tidal music streaming service to Square the mobile payments firm.Square will pay&hellip;<\/p>\n","protected":false},"author":5,"featured_media":4150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,623,609],"tags":[1678],"_links":{"self":[{"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/posts\/4148"}],"collection":[{"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/comments?post=4148"}],"version-history":[{"count":2,"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/posts\/4148\/revisions"}],"predecessor-version":[{"id":4160,"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/posts\/4148\/revisions\/4160"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/media\/4150"}],"wp:attachment":[{"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/media?parent=4148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/categories?post=4148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/askcarterlaw.com\/home\/wp-json\/wp\/v2\/tags?post=4148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}