Sprint acquires 33% of TIDAL

Global music and entertainment platform TIDAL has partnered with Sprint (NYSE: S) to give Sprint´s 45 million retail customers unlimited access to exclusive artist content not available anywhere else, the company said.

TIDAL and its artists will make exclusive content that will only be available to current and new Sprint customers.

As part of the partnership, Sprint will acquire 33% of TIDAL. 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.

TIDAL is a global, experiential, entertainment platform built for fans, directly from artists around the world. Members of TIDAL enjoy curated content that directly connects artists with their fans in multiple ways. TIDAL is available in more than 52 countries, with a more than 42.5 million songs and 140,000 high quality videos.

Sprint is a communications services company that creates more and better ways to connect its customers to the things they care about most.