Sprint Corporation (NYSE:S) acquired 33% stake in Tidal Music AS on January 23, 2017. Post the transaction, Sprint Chief Executive Officer, Marcelo Claure, to join TIDAL Board of Directors. JAY Z and the artist-owners will continue to run TIDAL's artist-centric service as it pioneers. GCA Altium Limited acted as financial advisor to Tidal. Sprint Corporation (NYSE:S) completed the acquisition of 33% stake in Tidal Music AS on January 23, 2017.