Information about certain potential factors that could affect our business and financial results and cause actual results to differ materially from those expressed or implied in any forward-looking statements are included from time to time in our filings with the Securities and Exchange Commission, including Part 1, Item 1A “Risk Factors” in our Annual Report on Form 10-K for the year ended March 31, 2016. Sprint Corporation does not intend, and undertakes no duty, to update this information to reflect future events or circumstances. All information set forth in this release is as of January 17, 2017. Forward-looking statements are estimates and projections reflecting management’s judgment based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. The statements in this news release regarding Sprint Corporation’s current expectations and beliefs as well as other statements about the partnership with TIDAL that are not historical facts are forward-looking statements, which include statements about future subscriber growth and the marketing fund. This news release includes “forward-looking statements” within the meaning of the securities laws. The exclusive release of Beyonce's Lemonade boosted the subscriber base after its Tidal-exclusive release in April 2016, but the Dagens Næringsliv report alleges it has been sinking in the months since, down to 1.1 million in October 2016.Įven taking Tidal's subscriber counts at face value, it lags far behind Spotify and Apple Music. Tidal's ownership group claims that the former owners misrepresented Tidal's number of subscribers when Jay Z and company decided to buy the company, but hasn't provided explanations for the recent reports. When Tidal told the press it had 3 million subscribers in March 2016, it had 850,000 paying subscribers, according to the report. According to company documents obtained by Norwegian newspaper Dagens Næringsliv, when Tidal claimed it had reached the 1 million subscriber mark in September 2015, the true number was just 350,000. That has been all cool for awhile, but now randomly Im being charged. When I went tax included months ago there were issues with being charged for Tidal and I had to call in to get that to stop being billed. This announcement comes just a couple days after an embarrassing report claiming Tidal had been vastly overstating its subscriber counts. Im still on Unlimited Freedom which is basically Unlimited Plus and yes indeed Tidal is still included.
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