Square to acquire majority stake in Tidal for $297M, looking to translate fintech success to music streaming

We heard a surprising report back in December that Square was in talks with music streaming service Tidal about a possible acquisition. Now it’s surfaced that the fintech company is slated to buy a majority stake in the niche music streaming service for $297 million. The new partnership is aiming to translate the success of Square in the fintech space to Tidal’s artist-owned and led approach to music streaming.

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