Monday, January 23, 2017

Sprint To Buy A Third Of Music Streaming Service Tidal

Wow, Sprint snatched up 33% of Tidal today, even though it was reported to have "wildly inflated" its subscriber numbers. Could this be the next Verizon / Yahoo fiasco?
U.S. wireless carrier Sprint Corp said on Monday it would buy 33 percent of Tidal, a music streaming service owned by rapper Jay Z. The deal would make exclusive content from Tidal available to 45 million retail Sprint customers, marking the company's move to more content driven services in a highly competitive wireless market.