Jay Z‘s TIDAL streaming service is said to have to picked up 100,000 new subscribers in the last three days today, won over after a number of the rapper’s celebrity pals pledged their allegiance to the product in NYC.
The NY Post shares:
“Sprint and parent SoftBank have bought a minority stake in Jay Z’s subscription music service, The Post has learned.
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, sources said.
Tidal claims to have signed up 100,000 subscribers since Kanye West, Rihanna, Madonna, Nicki Minaj, Alicia Keys and even Daft Punk”
Unfortunately,the service’s success walks in hand in hand with criticism it continues to receive from those who are unimpressed by what it has to offer.