NEW YORK (AP) – Sprint is buying a 33 percent stake of the Tidal, the music streaming service owned by artists like Jay-Z, Madonna and Kanye West.READ MORE: Decades Later, Family Gets Apology From Dallas Police Over Death Of 12-Year-Old Santos Rodriguez
Financial terms were not disclosed.
Tidal has a more than 42.5 million song catalog and 140,000 videos. It’s available in more than 52 countries. The partnership will include Tidal and its artists making exclusive content for Sprint’s new and current customers. Sprint has 45 million retail customers.READ MORE: Nobel Prize-Winning Physicist Steven Weinberg Dies At 88 In Texas Hospital
Jay-Z and the other artist-owners will continue to run the Tidal service.
Sprint CEO Marcelo Claure will join Tidal’s board.MORE NEWS: 1 Dead, 1 Injured In Shooting Involving Fight In Irving, Police Say
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