Sprint is moving into the music streaming game in a big way. The carrier announced today that it’s going to acquire 33 percent of Tidal music streaming service owned by rap mogul Jay Z and a long list of “artist-owners.” This partnership will soon provide Sprint’s 45 million retail customers unlimited access to exclusive artist content that won’t be available anywhere else. It will also see Sprint CEO Marcelo Claure joining Tidal’s board of directors.
The artist-centric service will continue to be run by Jay Z and the artist-owners. “Sprint shares our view of revolutionizing the creative industry to allow artists to connect directly with their fans and reach their fullest, shared potential,” said Jay Z.
The Tidal music streaming service is available in more than 52 countries at this point in time and has a song catalog that boasts 42.5 million tracks as well as a library of 140,000 high-quality videos. Sprint says that Tidal’s platform combined with its network will deliver a “first-of-its-kind experience for music fans.”
The companies have only confirmed the acquisition today. Not much has been revealed about how Sprint subscribers stand to benefit from this. Sprint says that it’s going to provide more news on exclusive offers and upcoming promotions in the near future.