Sprint Buys 33% Stake In Jay Z’s Tidal Streaming Service

2 months ago

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Estimated by Billboard to boast an annual budget of $75 million, the partnership will give participating artists the “flexibility to create and share their work” with subscribers.

“Sprint shares our view of revolutionizing the creative industry to allow artists to connect directly with their fans and reach their fullest, shared potential,” Jay Z said in statement. “[Sprint CEO Marcelo Claure] understood our goal right away and together we are excited to bring Sprint’s 45 million customers an unmatched entertainment experience.”

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