via Instagram Wireless carrier Sprint announced, it has acquired a 33% ownership stake in Tidal, Jay Z's music streaming service. Reportedly, the deal is worth 200 million, valuing the 2-year company at 600 million. Sprint will leave Jay Z and other owners in charge. However, Sprint's CEO Marcelo Claure will join Tidal’s Board of Directors. Critics say Sprint didn’t really pay $200 million for a music service; it paid for access to 21 big music stars and instant relevance in the music streaming wars. //
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