Sprint Buys 1/3 of Jay Z's Streaming Music Service

Sprint said Monday it's buying one-third of Tidal, the streaming-music service controlled by rapper Jay Z. “JAY Z and the artist-owners will continue to run TIDAL’s artist-centric service as it pioneers and grows the direct relationship between artists and fans,” Sprint said in a news release. “The formidable pairing of Sprint and TIDAL will grow customers on both platforms by offering exclusive access for customers who subscribe to TIDAL.” Sprint CEO Marcelo Claure will join the Tidal board, the carrier said.