Sprint and Tidal announced today in a joint press release that the cellular provider has bought a 33% stake in Jay Z's streaming service. It is an interesting marriage, considering that both are industries in which competition is wanted, consumers fear consolidation, and the companies are far behind the market leaders in terms of subscriber counts.
Jay Z and the so-called "artist-owners" will still be running the day-to-day operations at Tidal, though Sprint's CEO Marcelo Claure will join Tidal's Board of Directors.
Read MoreSprint buys 33% stake in Tidal, will offer exclusive Tidal content and deals to Sprint subscribers was written by the awesome team at Android Police.
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