Square to acquire a majority stake in TIDAL for $297m.

Square, a mobile payments company, agreed to acquire a majority stake in TIDAL, a global music and entertainment platform, for $297m. “It comes down to one simple idea: finding new ways for artists to support their work. New ideas are found at intersections, and we believe there’s a compelling one between music and the economy. I knew TIDAL was something special as soon as I experienced it, and it will continue to be the best home for music, musicians, and culture,” Jack Dorsey, Square Co-Founder and CEO.