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Google Was Close To Acquiring Spotify, But Failed Over Disagreements

     
10:48 am on Dec 16, 2010 (gmt 0)

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Google Was Close To Acquiring Spotify, But Failed Over Disagreements [businessinsider.com]

Google was close to buying a subscription-based streaming music service either Spotify or Rhapsody, according to a source with knowledge of Google's music plans.

But there were three different groups vying for control of the music service, and they couldn't agree on their approach.

Consequently, the company has dropped those acquisition plans for now, and is building a music locker service instead.
 

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