Google/Alphabet is announcing its acquisition of Spotify in a deal valued at $43.4 billion in cash and equity. The acquisition, first reported by the Wall Street Journal with additional details supplied by Bloomberg, gives Google/Alphabet a much stronger position in the music subscription space. The deal also gives Google a serious edge over competitors like Apple Music, now […]
The post Breaking: Google/Alphabet Acquiring Spotify In $43.4 Billion Cash, Equity Deal appeared first on Digital Music News.