Jack Dorsey rap rapper Music Jack Dorsey

Jay-Z speaks out on Tidal sale in rare set of tweets

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Jay-Z has spoken out on the sale this week of his majority stake in the Tidal streaming service.Earlier this week, it was revealed that the rapper has sold his controlling stake in Tidal to Square, the mobile payments firm run by the Twitter co-founder Jack Dorsey, for $297 million (£215 million).The deal will see Tidal’s artist co-owners, including Beyoncé, Madonna and Rihanna, retain their stakes and become the second largest group of stakeholders after Square.

Jay-Z has also joined the board of directors at Square.Speaking about the deal in a rare set of tweets that were posted yesterday (March 4) – his first Twitter posts since November 2018 when he clarified one of his lyrics about Kanye West – Jay-Z said that he has long believed that.

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