Rumours have surfaced today that Spotify and Apple are in talks about a possible buyout. This isn’t the first time Spotify has been in talks with one of the major forces in tech though, last year a deal with Google fell through. It’s early days, but it could be a biggie.
The failed Google acquisition of Spotify was on the table for $1 billion, according to TechCrunch, but fell apart because of how Google wanted the label deals to have been brought in.
These new acquisition talks with Apple are only in preliminary stages, and nothing is on the table as of yet. TechCrunch’s Michael Arrington did some digging in his world of Silicon Valley contacts, and found that “Apple and Spotify are in on-again, off-again discussions about an acquisition, but at best it’s very early in the process. No firm price has been offered, no term sheet tabled.”
It’s a interesting deal to contemplate – how would Apple bring Spotify into its walled garden? Would Spotify as it stands be shut down, or would it survive in tact, but remain under the watchful eye of Steve Jobs?
What do you think about a deal like this? What’s the best and worst case scenario you can imagine? Drop us a line in the comments and tell us what you think.
[via TechCrunch]
