Google is Reportedly Considering Buying SoundCloud For Around $500 Million

Music Business Worldwide reports that Google may be "very interested" in acquiring SoundCloud, citing "high level rumors" of a potential sale. A previous report claimed that Spotify had backed out of "advanced talks" to acquire Soundcloud, after the streaming company set its price tag at around $1 billion. Now, the Music Business Worldwide report claims that Soundcloud may be willing to sell for closer to $500 million, with Google emerging as the "current favorite" to buy.
Read more: https://www.thefader.com/2017/01/03/google-is-reportedly-considering-buying-soundcloud-for-around-s500-million?source=Snapzu