In 2021, Jack Dorsey’s company, Block Inc (formerly known as Square), agreed to acquire Tidal for $306 million. This deal made Jay-Z a board member of Block Inc and left many wondering whether Dorsey had been finessed into buying the relatively small streaming service at a premium price. Block agreed in March 2021 to pay $396 million in stock and cash for an 87.5% stake in Tidal. After adjustments, it paid $237.3 million for an 86.2% stake, according to Reuters. Jay-Z joined Block’s board after the purchase and remains a
While some of us continue to complain about the lack of diversity on platforms such as Netflix, Hulu, and Amazon Prime, others are doing something about it. Thankfully there’s now a long list of Black-owned or minority-centered streaming services dedicated to publishing original content. It’s a breath of fresh air to be able to have options – particularly during Black History Month – a time when most major streaming giants put Black trauma at the center – when in fact BHM is also a time for us to celebrate the
Singer-songwriter Doja Cat is taking the NFT world by storm and outselling major investor Jay Z as her single edition NFT sells for $188k – becoming the most oversized auctioned item in Tezos history. Doja first announced her first non-fungible token (NFT) collection earlier this month with green NFT marketplace OneOf. OneOf is built on the Tezos blockchain, recognized as an “energy efficient proof-of-stake network,” according to the company‘s website. It also claims to offer some of the most affordable transaction fees for users looking to tap into the world
