The plot thickens…
Did you guys see the news report Square ( The credit card processing co by Jack Dorsey) is looking into buying Tidal? If it’s true, my suspicion would be the live/programmed entertainment arm would be real target for cross promotion.
Moved your post here.
Does Sprint still have a large stake in Tidal?
There is talk about this over at SHF, so I will just post what I posted there:
Even though I don’t use Tidal, I certainly want it to do well and thrive. I am a Qobuz subscriber and prefer it to Tidal, but I want a healthy market instead of three players calling all the shots. If they sell, I hope it is a positive. I would be crushed if I lost Qobuz. It is the only way for me to try before I buy my downloads. I feel for Tidal subscribers who are really into the service. And with Roon only integrating two streaming services, losing one of them would not be good for Roon… and I only want good things for Roon.
Square is huge into Bitcoin with its Cash App (recommended).
There are new crypto related music services, such as this:
I could see Square wanting to do something with Bitcoin (more with a transaction layer like Lightning) to have a crypto micro payment service. Square is into payments. They would use the Tidal licenses as a body of content to promote micro-payment transactions through the Square network.
No inside knowledge, just connecting some dots.
It has indeed. See this thread
Let’s close this one