Sprint purchased 33 percent of Tidal for $200 million, leaving Jay Z and each of the company's owners as part owners. The streaming service will become available to Sprint's 45 million retail customers, as Sprint CEO Marcelo Claure joins Tidal's board of directors. Sprint first acquired a stake in the company in March 2015 but did not sign on any formal deal, according to the New York Post. Jay Z originally bought Tidal from Swedish company Aspiro AB for $56 million in 2015.