Sprint snaps up 33 percent of Jay Z’s Spotify-rival Tidal
Jan23
US telco Sprint just bought one-third of Tidal – the struggling streaming service founded by rapper Jay Z. Per the announcement, Jay Z and the Tidal leadership team will remain in control of the company, but Sprint’s customers will gain access to exclusive content. So far, neither Sprint nor Tidal have been forthcoming about what this will entail. As part of the partnership, Sprint will acquire 33 percent of TIDAL. JAY Z and the artist-owners will continue to run TIDAL’s artist-centric service as it pioneers and grows the direct relationship between artists and fans. The formidable pairing of Sprint and TIDAL…
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