Thereís been some speculation about Tidalís performance - thatís the lossless music streaming service helmed by Jay Z - but itís about to get an uptick in the user statistics. Specifically, Sprint users - the carrier announced that it acquired a 33% stake in the service.
ďSprint shares our view of revolutionizing the creative industry to allow artists to connect directly with their fans and reach their fullest, shared potential,Ē said JAY Z. ďMarcelo understood our goal right away and together we are excited to bring Sprintís 45 million customers an unmatched entertainment experience.Ē
Okay, so itís not explicitly stated that Sprint users will get free access to Tidal, which costs $20/mo for the lossless version of its service and $10/mo for the lossy version.
Whether free of charge or at a discount, a Tidal subscription offers exclusive content (thanks to Jay Zís connections in the music industry) and purports that it treats its artists better than classic labels, so itís about more than just lossless streaming.
Sprint CEO Marcelo Claure will join Tidalís board of directors when the deal goes through (pending regulatory approval). How much this deal cost the CDMA carrier is unclear at this point.
LOL. I'm a Sprint customer and I have zero interest in this even if it were free. I would rather they have put that money back into incentivizing existing customers to stick around or put it into better service.
Is Tidal profitable?
Too bad Sprint's service is wack.