Sprint acquires 33% of Jay Z's streaming service,Tidal


"Sprint shares our view of revolutionizing the creative industry
to allow artist to connect directly with their fans  and reach their fullest,shared potential" says Shawn 'Jay Z' Carter,the owner of Tidal in a statement.


He added,"Marcelo understood  our goal excited to bring  Sprint's 45 million customer's an unmatched entertainment  experience".
Tidal Multimedia Service is currently being valued at  $600 million  and Sprint's 33% stake is around $200 million.
The partnership will see Sprint  CEO,Marcelo  Claure  join the Tidal's Board of Directors.
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