Spotify wants to the set the record straight. No matter what you’ve read, the streaming music service isn’t about to become another notch in Apple’s acquisition belt, a Spotify spokesman said.
The rumor first began when TechCrunch reported an anonymous tip that Apple was in discussions with Spotify about a take-over deal.
“Apple and Spotify are in on-again, off-again discussions about an acquisition, but at best it’s very early in the process,” TechCrunch reported. “No firm price has been offered, no term sheet tabled.”
And apparently no talks have taken place either.
“We wouldn’t normally comment on this kind of speculation, but we wanted to make it clear that we have absolutely no intention of selling Spotify,” said Jim Butcher, a spokesman for Spotify.
Spotify is only available in certain parts of Europe but is trying to break into the U.S. market.
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