who owns tidal

who owns tidal

1 hour ago 2
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Tidal is currently majority-owned by Block, Inc., the financial technology company formerly known as Square, founded by Jack Dorsey. Block acquired a majority stake in Tidal in March 2021 for about $297 million, and as of June 2022, Block owned approximately 86.8% of Tidal. Jay-Z, who was the original owner and face of the streaming service, continues to hold a seat on the board of directors but no longer owns the majority of the company. Before Block's acquisition, Tidal was artist-owned with Jay-Z and 16 other artists as shareholders. In summary:

  • Majority owner: Block, Inc. (Jack Dorsey's company)
  • Acquisition date: March 2021
  • Majority stake owned: 86.8% as of 2022
  • Jay-Z: Board member and former majority owner, now minority stakeholder.
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