Report: Sprint Purchases 33% of Jay Z’s Tidal for $200 Million

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Sprint has purchased 33% of Jay Z’s digital music streaming platform Tidal for $200 million, according to a report by Billboard.

Tidal will become available to 45 million Sprint customers as part of the deal, according to Billboard, while the new partnership also “includes the creation of a ‘dedicated marketing fund,’ which a source says will have an annual budget of $75 million solely for the artist initiatives and exclusives.” – READ MORE

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