Billboard reports:
Sprint has acquired a 33 percent stake in Jay Z‘s streaming service Tidal, the two companies announced today (Jan. 23). A source familiar with the matter tells Billboard that the purchase was for $200 million and that Jay and each of the company’s two dozen artist-owners will remain part owners.
Here’s Twitter’s take.
Twitter Hilariously Reacts To Sprint Purchasing A Stake In TIDAL was originally published on globalgrind.com