Shawn Carter aka Beyonce’s husband aka Jay-Z has sold one-third of Tidal, his music streaming service, to Sprint for $200 million according to CNN Money and Billboard. Jay-Z bought Tidal in 2015 for $56 million from Aspiro, a small tech company.
According to Forbes, Jay-Z and the other artists that own Tidal (which I believe includes Beyonce) will retain equity and will continue to run the streaming service.
For a lack of a better term, Jay and em hit a lick with this Sprint deal.
(Hit a lick explained: To gain a sh*t load of money in a short amount of time – Urban Dictionary)
With an estimated net worth of $650 million, who better to teach us than Shawn Carter himself about how to acquire, maintain, and manage these dead presidents. I have suggestions for the curriculum.
Shawn Carter’s Business School of Dead Presidents
Fall Semester
- Intro to Can’t Knock the Hustle – 3
- Gotta Have It I – 3
- Gotta Have It II – 3
- Early Empire State of Mind Studies – 4
Spring Semester
- Nickles and Dimes* – 4
- Management: Show Me What You Got – 3
- Money, Cash, H*es I – 3
- More Money, More Cash, More H*es II – 3
- Who Gon Stop Me – A Seminar – 4
*The pre-requisites for Nickles and Dimes – Intro to Can’t Knock the Hustle
Summer Semester
- F*ckWithMeYouKnowIGotIt Internship – 3
Total credits required = 33
Haha I can dig it. I had this discussion with a few of my guys on if this shows the success of Jay Z or Tidal. If i bought a company for 56 mil and sold a third of it for 200 mil. I think that’s a success. Nice post bro keep it up.
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Definitely a huge success. Tidal is now worth $600 million with this Sprint deal. That’s a come up. Lol. Thanks for reading!
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