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Jay Z Sold Tidal!!!

Jay Z Sold Tidal!!!

Jay Z Sold Tidal. Is this a great business decision? What does Jay Z know he is not sharing? Obviously, Jay is business savvy.

Jay Z making power moves, again.

Jay Z sold Tidal. During this Pandemic a lot of people have suffered financially. Could it be that Jay has suffered losses in his business ventures, as well?

Just a few days ago I read about Jay selling a good portion of his music streaming service, as reported by Time.

In fact, it is not the first time Jay sold a large stake in his empire. We posted an article on Jay selling a huge stake in his champagne brand (Armand de Brignac).

Now, we find out that Jay has made another great business move. In this monumental move Square acquired the majority of Tidal for $ 297 million.

To refresh your memories, Jay, Beyonce, Rihanna a few other artist entered into a joint venture in 2015. But the competition in music streaming with Spotify, Apple and Amazon is really steep.

Now, is the perfect time for Jay to sell his stake in the music streaming service.

With that being said, Jay has paved the way for others to follow. Especially, as it relates to business. Once again, Jay leads the way on making good business decisions.

jay z

Check out the video above for more details.

For more Hip Hop Business News check us out at Hip Hop News Uncensored. It’s the best YouTube channel for Hip Hop.

About The Author

ladyt

Tonya is the Administrator and Senior Writer at Hip Hop News Uncensored. Tonya has nearly 5 years of experience writing 2000 articles. Tonya is a member of a team that is cohesively put together to implement the vision of the CEO and founder, O’God. Tonya brings her knowledge of Hip-Hop Old School. She is a graduate of Richard Stockton University with a BA in Psychology. Tonya graduated from Capella University with a Master of Science in Counseling Studies. Tonya’s broad knowledge of human behavior assists her in approaching many topics within the culture she is writing about. Currently, Tonya is attending Loyola University to achieve Certification in Digital Marketing. Tonya has received SEO beginner’s certification. And, Introduction to Digital Marketing certification.

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