Sprint Buys Stake in Tidal


Sprint has purchased a 33% stake in Tidal:

Sprint has acquired a 33 percent stake in Jay Z’s streaming service Tidal, the two companies announced today (Jan. 23). A source familiar with the matter tells Billboard that the purchase was for $200 million and that Jay and each of the company’s two dozen artist-owners will remain part owners.

It seems like a big reason Tidal was created was to eventually sell itself.