Multiple sources reported back in September that Spotify could potentially be the perfect suitor for SoundCloud; the marriage however will no longer happen. According to a source at Spotify the company has given up its pursuit. The deal died this week because "it doesn't need an additional licensing headache in a potential IPO year" the source said. The licensing headache is in reference to complex financials required to negotiate with labels which is very important to SoundCloud and its large c...
Multiple sources reported back in September that Spotify could potentially be the perfect suitor for SoundCloud; the marriage however will no longer happen. According to a source at Spotify the company has given up its pursuit. The deal died this week because "it doesn't need an additional licensing headache in a potential IPO year" the source said. The licensing headache is in reference to complex financials required to negotiate with labels which is very important to SoundCloud and its large c...
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