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Spotify drops out of talks to acquire SoundCloud — Consequence of Sound

FireoflifeJayJewels

Back in September, rumors emerged that Spotify was in talks to acquire SoundCloud. This news came just months after a report revealed SoundCloud had lost $70 million in just two years and the company’s directors ominously noted that “there are material uncertainties facing the business.” As it turns out, those material uncertainties were enough to kill any…

via Spotify drops out of talks to acquire SoundCloud — Consequence of Sound

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