Tidal Music Subscription Service Attracts Sprint, Softbank

New York Post: Sprint and parent SoftBank have bought a minority stake in Jay Z’s subscription music service. While the size of the investment couldn’t be learned, sources said the deal values Tidal at around $250 million. Just last month, Jay Z finalized the $56 million acquisition of Aspiro, the Swedish company that owns Tidal. He remains the biggest shareholder.