We’ve all heard from numerous sources that Spotify is in the middle of renegotiating their license agreements with at least the major labels. What has gotten less attention is YouTube’s interest in buying Spotify. Spotify’s exit to an IPO is getting cloudier by the day as another tech bubble bursts in Wall Street alongside a volatile stock market, one should not rule out an acquisition of Spotify and who better to do it than Google’s wholly-owned YouTube subsidiary.
Remember that we saw this July 21, 2014 story in Re/Code by the highly credible tech journalist Kara Swisher:
Omid Kordestani, who has just temporarily replaced Nikesh Arora as chief business officer of Google, is joining the board of Spotify, according to people with knowledge of the situation.
In addition, sources said, one of the search giant’s former execs, Shishir Mehrotra, will become a special adviser to CEO Daniel Ek and the company’s management.
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