28 October 2010 | Author: J. Morton News Editor
Officials have piped up about negotiations between multiplatform behemoth Apple and saucy start up Spotify, with a spokesman from the latter company denying a claim by TechCrunch that the two had discussed takeover plans.
"We wouldn't normally comment on this kind of speculation, but we want to make it clear that we have absolutely no intention of selling Spotify," a spokesman told the BBC. "We're working hard to build the best music service we can and are in this for the long haul."
The industry hub TechCrunch received a tip alleging the proceedings and after some investigation released the news alert earlier this week.
"Most tips are just outright false," wrote Michael Arrington in the original post, "but we dug into this one a little bit."
What the journos uncovered seemed to suggest a will-they-or-won't-they kind of relationship between the two media companies, and they ran with the story, which more so highlighted alleged takeover discussions from Google just one year ago.
Daniel Ek, upon catching word of the story, contacted TechCrunch, according to Arrington, explaining: "We don't want to sell, we are here for the long term."
He was a bit more cagey regarding relations with Google, describing them only as a "great partner."
The subscription-based music service, which also offers a free music streaming option, still plans for the launch of a US-based service this year, though it's seen its share of legal wrangling over releasing its products stateside.
In the meantime, Apple launched a music/social networking service, Ping, just weeks ago, possibly stealing a little thunder from the Luxembourg start up. Considering Ping's just a complement to its near-industry standard iTunes music player, Apple could be also be the main competition in releasing a streaming music player in the States.
Spotify not in takeover discussions with Apple, officials say
Officials have piped up about negotiations between multiplatform behemoth Apple and saucy start up Spotify, with a spokesman from the latter company denying a claim by TechCrunch that the two had discussed takeover plans."We wouldn't normally comment on this kind of speculation, but we want to make it clear that we have absolutely no intention of selling Spotify," a spokesman told the BBC. "We're working hard to build the best music service we can and are in this for the long haul."
The industry hub TechCrunch received a tip alleging the proceedings and after some investigation released the news alert earlier this week.
"Most tips are just outright false," wrote Michael Arrington in the original post, "but we dug into this one a little bit."
What the journos uncovered seemed to suggest a will-they-or-won't-they kind of relationship between the two media companies, and they ran with the story, which more so highlighted alleged takeover discussions from Google just one year ago.
Daniel Ek, upon catching word of the story, contacted TechCrunch, according to Arrington, explaining: "We don't want to sell, we are here for the long term."
He was a bit more cagey regarding relations with Google, describing them only as a "great partner."
The subscription-based music service, which also offers a free music streaming option, still plans for the launch of a US-based service this year, though it's seen its share of legal wrangling over releasing its products stateside.
In the meantime, Apple launched a music/social networking service, Ping, just weeks ago, possibly stealing a little thunder from the Luxembourg start up. Considering Ping's just a complement to its near-industry standard iTunes music player, Apple could be also be the main competition in releasing a streaming music player in the States.
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