Thursday, 29 September 2016

Spotify in acquisition talks with Soundcloud

Two streaming music services, both never having reported a profit, may end up together in the hopes of turning in black.According to sources to the Financial Times, Sweden-based Spotify is in “advanced talks” to buy out Soundcloud, headquartered in Germany. The talks supposedly started last spring, but were scuffed for a time due to price negotiations falling ...

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The post Spotify in acquisition talks with Soundcloud appeared first on Pocketnow.



from Pocketnow http://pocketnow.com/2016/09/29/spotify-in-acquisition-talks-with-soundcloud

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