Jay

Square, the mobile-payments company owned by Twitter CEO Jack Dorsey, has added Jay-Z to its board of directors. In an SEC filing Friday, Square said it has expanded its board from 11 to 12 directors to add Shawn Carter, also known as Jay-Z, as reported earlier by MarketWatch. 

Square also reached a marketing and sublease deal with Jay-Z’s company Roc Nation, according to the SEC filing.

The moves follow Square announcing in March that it would acquire a majority stake in Jay-Z’s premium music service, Tidal, for $297 million. On Friday, Square said it completed the Tidal acquisition on April 30 for $302 million.

Read more: Best music streaming service for 2021: Spotify, Apple, Amazon and YouTube Music

“I’m grateful for Jay’s vision, wisdom, and leadership,” Dorsey wrote in a tweet in March. “I knew Tidal was something special as soon as I experienced it, and I’m inspired to work with him.”

Tidal — a $10 a month music streaming service, or $20 if you want lossless hi-fi audio — will operate independently under Square. Tidal has a catalog of over 70 million songs and 250,000 music videos.

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Jay

Jay-Z’s new album Magna Carta Holy Grail drops today for a million lucky Samsung fans.

With its patriotic debut coming on July 4, there are 1 million owners of a Samsung Galaxy S4, S3 or Note 2 who will get to sup from Magna Carta Holy Grail today, three days before it’s released to the rest of the world.

To get Holy Grail early, all you have to do is download the album’s Android app from Google Play.

Only the first million people to download the app will get the album today, but you could still be in with a chance. Although there was a huge spike when it was first advertised during the NBA finals, at the time of writing Google Play says the app still hasn’t reached 1 million downloads.

The Jay Z Magna Carta app also includes behind-the-scenes footage of the Brooklyn-born rapper and producer in preparation for the new record, his 12th solo studio outing.

The album’s app promotion is the first foray in what is rumoured to be a partnership between Jay-Z and Samsung that could earn the rapper $20m. Clearly he didn’t choose poorly.

Luke Westaway contributed to this report.

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