Jay Z was clowned for years for purchasing and owning Tidal, since it had less users than other popular streaming services such as Apple Music and Spotify. However, Tidal has always paid its artists the most, as well as featuring high-quality audio for its listeners. Hov is now going to recoup on his initial purchase of $56 million for the streaming service, as he just sold a majority stake for $297 million to Twitter CEO Jack Dorsey's company, Square, Inc.
The Tidal sale comes not too long after Jay Z sold a 50 percent stake of his Ace of Spades champagne business to Moet Hennessy.
Things are definitely looking good for Hov.
Here's what he and Dorsey had to say about the new partnership:
