Jay-Z who owned majority share of the streaming service Tidal came out to break the news of the company being acquired by american Finance Technology company Square. The deal is to be sealed at over $297 million in cash and stock. Part of the deal sees Jay-Z seat on the Square Board. Square CEO Jack…
The system looks at paying artistes basing on what the fan listens to as compared to the pro-rata system already in place on most streaming systems like Spotify.