Cable / Telecom News

Sprint scoops up 33% of Tidal

NEW YORK and OVERLAND PARK, KS – U.S. telecom giant Sprint is buying 33% of music streaming service Tidal, and will offer unlimited access to exclusive content to Sprint's 45 million retail customers, the two companies said Monday.The value of the stake was not disclosed.  Majority owned by musician and businessman Jay Z, Tidal offers high-fidelity, CD sound quality music; high resolution video; and exclusive content from popular musical artists.  The service is available in some 52 countries, with more than a 42.5 million song catalog and 140,000 videos.Jay Z and the artist-owners will continue to run Tidal's artist-centric service, reads...