Spotify, SoundCloud Deal May Not Happen [New Report]

SoundCloud_logo (1)Late Wednesday came reports that Spotify was in advanced talks to acquire SoundCloud, and that an announcement of the deal could be made very soon. Now, a new report asserts that the deal is far from done and could go either way.

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Will Spotify acquire rival SoundCloud?

"People I talk to say the talks are more talk, and less action," says Peter Kafka of recode, "maybe there will be a deal, maybe there won’t."

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Read all that we know so far about Spotify's possible acquisition of Soundcloud here.

And stay tuned...