Tag: Mergers & Acquisitions

Spotify Backs Out from Soundcloud Acquisition Deal

According to recent reports, Spotify has decided not to go forward with acquiring Soundcloud, an acquisition that had the potential to considerably broaden the popularity of the leading service of the streaming industry. Rumours of the deal began to go around when Daniel Ek, the founder of Spotify expressed his wish to establish a direct relationship …

CD Baby Set to revive Dormant Soundrop

In what has been considered a surprising twist in the music industry, CD Baby, the well-known digital distribution company, has taken over Show.co. This includes the marketing platform as well as its social listening and playlisting app, called Soundrop. Short History of Soundrop Once very popular, the app has been dormant since 2014, when its …

Apple Looking to Purchase Jay Z’s Tidal, Which Could Reinvigorate Apple Music.

Apple is reportedly in talks with rap mega-star Jay Z to acquire his music streaming company Tidal. The deal, if it goes through, would be beef up the Apple’s Streaming service Apple Music. By acquiring tidal, Apple would gain access to a portfolio of popular musicians that are friends and associates of Jay Z. However, …

Spotify Is Moving Ever Closer to an IPO but What Does This Mean for Music Streaming?

Spotify’s latest hire is a massive hint that after long speculation the streaming company is getting ever closer to an IPO later this year. For those of you who are asking what an IPO is. Well, an Initial Public Offering or IPO is the first sale of stock by a private company to the public. …

Music Streaming is the Lifebelt keeping the Music Industry Afloat

The music streaming industry takes a lot of hits from critics, claiming they pay artists sparse royalties and that they have cost the Industry billions. But if you take a look back at where the music industry was heading in the turn of the 21st century, these claims are harsh if not completely untrue. For those …