Sprint Takes a 33% Stake In Music Service Tidal
Sprint today said it has acquired a 33% stake in Tidal, a music and entertainment platform. Sprint plans to make Tidal's service available to its 45 million retail customers. Tidal is known for music and video exclusives from select artists. Sprint says Jay Z and Tidal's other artist-owners will continue to operate the business, though Sprint CEO Marcelo Claure will join Tidal's board of directors. "Sprint shares our view of revolutionizing the creative industry to allow artists to connect directly with their fans and reach their fullest, shared potential," said Jay Z. "Marcelo understood our goal right away and together we are excited to bring Sprint's 45 million customers an unmatched entertainment experience." Tidal was created with fans in mind and claims to offer a better experience than competing music products. Much of the platform and content is created directly by the artists involved. Tidal is already available in 52 countries and has a catalog of more than 42 million songs and 140,000 videos. Sprint said more details about its Tidal offering will be unveiled soon.
YouTube Reimagines Its Premium Video and Music Services
May 17, 2018
YouTube today announced YouTube Premium and YouTube Music, services that replace YouTube Red and YT Music, respectively. Moving forward, YouTube Premium will be the video site's top-tier service, offering originals, ad-free play, background play, and downloads across YouTube.
Vine Making Major Changes, Expands Video Length
Jun 21, 2016
Vine today announced a significant shakeup to its core product that it hopes will entice more people to use the video-looping app. Vine is now allowing people to capture and attach video up to 140 seconds, a huge increase from the 6-second limit that's been a core part of the service since it launched.
Sprint's Marcelo Claure Taking New Post at SoftBank, Michel Combs Moving to CEO Role
May 3, 2018
Sprint today announced some leadership changes. CEO Marcelo Claure is moving to Sprint's parent company, SoftBank, where he will oversee Sprint's merger with T-Mobile.
Sprint Says It Will Offer Nationwide 5G By Mid-2019
Feb 2, 2018
Sprint will use its 2.5 GHz spectrum holdings to provide the backbone for its planned 5G network, which is on deck to go live during the first half of 2019. The company is already hard at work on what it calls its Next-Gen Network.