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Report: Twitter Thought About Buying Pandora, Spotify

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Last month, a Recode rumor suggested Twitter was looking to buy Soundcloud, only to have a WSJ rumor say that “the numbers didn’t add up” for a deal to go through. On Wednesday, we learned that Twitter considered buying not just Soundcloud, but also looked into making offers for Pandora as well as Spotify, according to three people familiar with the matter cited by The Financial Times. The difference is that Twitter reportedly only engaged in talks with Soundcloud. The deals for the online music services were “worth billions of dollars,” meaning either purchase would be Twitter’s largest acquisition to date. The search for a music streaming startup to buy is reportedly being driven by Ali Rowghani, Twitter’s Chief Operating Officer. With the death of Twitter #Music, the company has teamed up with Billboard but has done little else aside from that.

Read the full story at The Next Web.

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More Stories By Shelly Palmer

Shelly Palmer is the host of NBC Universal’s Live Digital with Shelly Palmer, a weekly half-hour television show about living and working in a digital world. He is Fox 5′s (WNYW-TV New York) Tech Expert and the host of United Stations Radio Network’s, MediaBytes, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment.