According to credible sources, music mogul Sean Carter otherwise called Jay Z has agreed to sell majority of Tidal to Jack Dorsey’s tech company Square for $297 million.
Just so you know, Jay Z bought the company in 2015 for $56 million.
Earlier, Jay-Z took to his Twitter page to share the news which has since generated a lot of reactions from fans.
Meanwhile, the CEO of Twitter, Jack Dorsey has confirmed the deal following a tweet on his page.
He tweeted: "I’m grateful for Jay’s vision, wisdom, and leadership. I knew TIDAL was something special as soon as I experienced it, and I’m inspired to work with him. He'll now help lead our entire company, including Seller and the Cash App, as soon as the deal closes. "
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