Sprint acquires 33% of Tidal

[radamel]

Sprint acquires 33% of Tidal

https://www.bloomberg.com/news/articles/2017-01-23/sprint-agrees-to-buy-33-of-tidal-music-service


Now they have a shareholder with somewhat deep pockets.

 

[the_bat]

...and here's the Sprint press release

http://www.businesswire.com/news/home/20170123005336/en/

 

[radamel]

...and here's the Sprint press release

http://www.businesswire.com/news/home/20170123005336/en/

Cheers!

 

[davidsrsb]

Which could make life hard for non Sprint users in the USA. Peering is abused to sabotage competitors sometimes

 

[Julf]

Which could make life hard for non Sprint users in the USA. Peering is abused to sabotage competitors sometimes

And stuff like zero-rating. "Free for Sprint users (only)".

 

[AndyU]

Can't Knock The Hustle!

 

[johnhunt]

What is this sprint ?

 

[drummerman]

What is this sprint ?

A Mobile Phone Network provider afaik.

 

[Julf]

A Mobile Phone Network provider afaik.

A major US telecommunications provider that does both wireless and internet services (along with that old dinosaur, "long distance telephone service").

 

[drummerman]

A major US telecommunications provider that does both wireless and internet services (along with that old dinosaur, "long distance telephone service").

3rd largest one I think. Quite a bit of money behind them by the look of it.

Tidal will live to see another day.

 

[Julf]

Tidal will live to see another day.

At least for Sprint users.

 

[drummerman]

At least for Sprint users.

There may be an increased chance of MQA decoding being rolled out for mobile platforms ... . At least for Sprint users.

 

[radamel]

At least for Sprint users.

Why on earth would Sprint not want to have paying subscribers that aren't their clients?

 

[radamel]

There may be an increased chance of MQA decoding being rolled out for mobile platforms ... . At least for Sprint users.

I think it's just a matter of time.

 

[johnhunt]

There was me thinking BT would be a good fit

 

[drummerman]

There was me thinking BT would be a good fit

So close and yet so ...

 

[johnhunt]

I'm not bothered about a Mqa mobile app. I normally listen to the radio on sh*t headphones when I am out and about . For home more content for Mqa would be great as well as investment in the gui, and it's tempting to think that this will drive same. Glad they look like they will stick around.

 

[radamel]

Darko's take:

http://www.digitalaudioreview.net/2017/01/softbank-owned-sprint-acquires-33-of-tidal/

 

[Julf]

Why on earth would Sprint not want to have paying subscribers that aren't their clients?

Because they would prefer that those subscribers move over to sprint services.

 

[johnhunt]

I would have thought sprint would happily take tidal only subscribers. Then they can concentrate on upselling the rest of the offer to them over time.