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Transaction

Deal Type

Capital Markets

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N/D

Deal Status

Closed

GCA Advises TIDAL On Its Strategic Investment From Sprint

We are pleased to announce that our client TIDAL, a global music and entertainment platform, has sold 33 percent of the company to Sprint (NYSE: S) while establishing a strategic partnership. The partnership will soon give Sprint's 45 million retail customers unlimited access to exclusive artist content from TIDAL not available anywhere else. JAY Z and the platform's artist-owners will continue to run TIDAL's artist-centric service as it pioneers and grows the direct relationship between artists and fans.

GCA acted as the exclusive financial advisor to TIDAL in connection with this transaction.

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