Jay Z is finally making money from the $56million investment he made in Tidal three years ago. According to reports, Sprint has purchased a 33% interest in the company – and the sale cost Sprint around $200m, valuing Tidal at $600m.
Sprint’s chief executive officer, Marcelo Claure, will also join Tidal’s Board of Directors. In exchange for its new ownership stake, TIDAL has inked a deal with Sprint which it says will “make exclusive content that will only be available to current and new Sprint customers”
Sprint’s chief executive officer, Marcelo Claure, will also join Tidal’s Board of Directors. In exchange for its new ownership stake, TIDAL has inked a deal with Sprint which it says will “make exclusive content that will only be available to current and new Sprint customers”
