| Home Page : Archive News : January 2017 News : UPDATE 1-Sprint to buy a third of Jay Z's music streaming service Tidal | |
UPDATE 1-Sprint to buy a third of Jay Z's music streaming service Tidal | |
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January 24, 2017 Sprint paid $200 million for the stake, and Jay Z and each of the company's two dozen artist-owners will remain part owners, according to a person familiar with the deal. Sprint shares rose 3.4 percent to $9.23 in midday trading on the New York Stock Exchange. Sprint Chief Executive Marcelo Claure will join Tidal's board. Source: http://www.cnbc.com/2017/01/23/reuters-america-update-1-sprint-to-buy-a-third-of-jay-zs-music-streaming-service-tidal.html |
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