Apple in early stage negotiations to buy Spotify?
After rumors that Apple attempted to block Spotify from entering the US market, now there's a suggesting they might just be negotiating with the Swedish-based streaming music startup over a possible acquisition. TechCrunch reports:
"Apple and Spotify are in on-again, off-again discussions about an acquisition, but at best it’s very early in the process. No firm price has been offered, no term sheet tabled. Still, it’s interesting that the two are talking."
Now, it's important to understand that these rumors are just that -- rumors -- and as such, you should be taking this with a massive data center-sized grain of salt. However it's still rather interesting to hear that these two clashing companies have been in possible talks.
Apple purchased Lala late last year, a streaming music service similar to Spotify, and many were under the assumption that Apple might create an online iTunes music service with streaming and possibly subscriptions. Now Lala has closed and there's still no iTunes.com in sight.
What do you think, should Apple buy another streaming music company? And if Apple did buy Spotify would anything come of it, or would it disappear as fast as Lala? Sound off in the comments!
by Andrew Wray