TIDAL Gets Investment From SPRINT . . . Jigga Just Made $500M - MTO News

JAY Z WINS . . . AGAIN!! TIDAL Gets Investment From SPRINT . . . Jigga Just Flipped His Initial INVESTMENT . . . To $500 MILLION!!!

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Jay Z just won . . . BIG TIME. Two years ago, the rapper turned mogul invested about $56 million into Tidal. Now according to reports, the company is worth $600 MILLION. That's almost a 10X return on his investment.

Sprint announced today that they will be purchasing a 33% interest in the company - and the sale cost Sprint around $200m, valuing TIDAL at $600m.

Sprint’s chief executive officer, Marcelo Claure, will also join TIDAL’s Board of Directors.

In exchange for its new ownership stake, TIDAL has inked a deal with Sprint which it says will "make exclusive content that will only be available to current and new Sprint customers."