Apple about to buy Spotify?

Spotify denied speculation that it is in talks with Apple over a possible acquisition, a rumor spread by TechCrunch last night.

Spotify immediately reacted and said to MusicAlly “We have absolutely no intention of selling Spotify. We’re working hard to build the best music service we can and are in this for the long haul.”

The rumours come just a few weeks after reports that Apple was actively encouraging labels NOT to license Spotify in the US. Now, new US-originated speculation suggests that Apple might buy its streaming music rival.

 

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