Google mulling SoundCloud buyout, say whispers

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After Spotify spurned the chance to acquire SoundCloud, some assumed the end was nigh for the loss-making streaming platform. High-level rumors are now beginning to bubble, however, that Google is very interested in snapping up the Berlin-based company – which boasts more than 175m users around the world. SoundCloud was reportedly hoping to sell for $1bn to Spotify in the second half of 2016. read more at musicbusinessworldwide.com

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