A recent release form the Recording Industry Association of America showed that paid streaming services like Apple Music and some of Spotify’s tiers were helping contribute to the rebirth of the music industry. The battle between Apple Music and Spotify has been going strong since Apple Music’s inception last year. Though a blend of both of those ideas is what would likely end up happening, at least at first.Īpple was rumored to be in talks to acquire the Jay Z-owned Tidal streaming service, but ultimately denied those reports. It’s unclear if Spotify would keep SoundCloud as its own service or integrate it into the existing Spotify apps. SoundCloud is largely focused on content from unsigned artists, though some label-signed artists do have a presence. The acquisition would give Spotify a leg up on Apple Music thanks largely to SoundCloud’s strong social features, an area in which Apple Music has struggled since launch. Today’s report cites “people briefed on the discussions” and says that the two services are in “advanced talks.” Spotify declined to comment on the report, while SoundCloud was not available for comment. Power in its first streaming music study. ![]() Details of the acquisition talks are unclear at this point, the report comes the same day as Apple Music was ranked #1 for customer satisfaction by J.D. According to a new report from the Financial Times, Spotify is in “advanced talks” to acquire SoundCloud, the popular user-focused streaming music service.
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