Spotify Planning to Buy SoundCloud: Report

Published Sep 28, 2016

Streaming service Spotify recently partnered with sexting service Tinder , but the tech synergy might not stop there. Instead, there are rumours floating around that the mammoth music company is mulling over a decision to purchase SoundCloud Variety points to a report from the Financial Times that suggests Spotify is in "advanced talks" about acquiring SoundCloud. The rumour suggests that the purchase could be announced any day now.The news follows SoundCloud's own recent venture into the world of paid subscription streaming earlier this year.Stay tuned for more information on this potential merger as it becomes available.