Jay-Z and Jack Dorsey Talk — Very Vaguely — About Future Plans for Their Tidal Streaming Service

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Since Square, the payments-processing company led by CEO (and Twitter founder) Jack Dorsey, announced plans to buy a “significant” majority stake in Tidal, the music and entertainment streaming pla…

was announced amid great fanfare in 2015 as an artist-owned streaming service, after Jay-Z led a consortium of artists, including Beyoncé, Alicia Keys, Kanye West, Madonna, Rihanna and others, in a $56 million deal to acquire Norwegian streaming company Aspiro. Although Jay and friends did quite well financially in the deal — Square is paying nearly $300 million in a combination of cash and stock for Tidal — it has faced challenges in attracting subscribers and attention.

After Jay spoke about his motivation in forming Tidal — “This union came from Charlie Chaplin and others [actors] creating United Artists [in the 1920s], and I pretty much got the inspiration from what they were doing to create this type of coalition,” as he’s said before — Dorsey asked, “Why did our partnership make sense? Why join forces with a payments and financial company?”

The pair then took a few questions submitted over Twitter, one of which about whether there were plans to expand original content. “Absolutely, that’s absolutely part of the plan,” Jay said. “I guess Jack could speak further to it.”

 

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Sound like they going to get into to the distribution game for independent artist like tuncore,distrokid

Jack Dorsey allows the rape of children to be shown on twitter.

hello there, do you need a work from home job? $25/hour, kindly dm me if you’re interested

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