Jay Z sells stake in Tidal to Sprint

Sprint agreed to buy a 33 percent stake in rapper Jay Z's Tidal music streaming service.

Sprint will pay roughly $200 million for its stake.

Jay Z bought Tidal in 2015 for $56 million from Norway's Aspiro. Other artists including Madonna, Rihanna, Daft Punk, Kanye West and Jay Z's wife Beyonce are part owners of the service.

Read more from BBC News.

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