16 Tidal Co-Owners Net $8.9 Million After Jay-Z's Recent Deal
Co-owners are Beyoncé, Kanye West, Rihanna, Nicki Minaj, Usher, T.I., Alicia Keys, and Lil Wayne, who were given a 3% stake in the company when it launched.
Jay-Z release a statement:
"I said from the beginning that TIDAL was about more than just streaming music, and six years later, it has remained a platform that supports artists at every point in their careers. Artists deserve better tools to assist them in their creative journey. Jack and I have had many discussions about TIDAL’s endless possibilities that have made me even more inspired about its future."
By the way Jay-Z net worth went up 40% following (1.4 billion) the Tidal deal and selling a 50% stake of his luxury champagne brand Armand de Brignac to luxury goods company Moët Hennessy Louis Vuitton.
Ownership, Boss Sh*t, Step it up......