Spotify, SoundCloud Deal May Not Happen [New Report]
Late Wednesday came reports that Spotify was in advanced talks to acquire SoundCloud, and that an announcement of the deal could be made very soon. Now, a new report asserts that the deal is far from done and could go either way.
Will Spotify acquire rival SoundCloud?
"People I talk to say the talks are more talk, and less action," says Peter Kafka of recode, "maybe there will be a deal, maybe there won’t."
Read all that we know so far about Spotify's possible acquisition of Soundcloud here.
And stay tuned…