Will Google Buy Spotify to Add Streaming Music Service to Portfolio?

Now watching

Next video starts in : 7 Play

Will Google Buy Spotify to Add Streaming Music Service to Portfolio?

Will Google Buy Spotify to Add Streaming Music Service to Portfolio?
Replay video
Up next

Tesla, 21st Century Fox Earnings: What to Watch on Wall Street May 6

Unlock your personal NFL Now stream by signing in to NFL.com

Will Google Buy Spotify to Add Streaming Music Service to Portfolio?

by TheStreet 0:49 mins

Will Google Buy Spotify to Add Streaming Music Service to Portfolio?

by TheStreet 0:49 mins

Google is in the market for a streaming music service, according to a report by the New York Post. While Apple has scooped up Beats and Amazon is reportedly planning on adding music streaming to Prime, the report says Google has been surveying the landscape and exploring how to offer a similar service. It cites a source who says Google has been having discussions with banks about its future music strategy. While the report prompts speculation that Google could attempt to scoop up Spotify, it cites concerns that the company, with a $4 billion valuation and 10 million paying customers, could grow too big.

TheStreet

Market Movers

  1. 13:06

    Bulls' big push; Disney soars; Panera's pantry cleanse

  2. 1:49

    Disney does it again; Sprint subscribers grow; Tesla jumps on bullish target

  3. 2:26

    T-Mobile's new tactic to lure Verizon customers

  4. 2:36

    Panera Bread cleans out its pantry

  5. 3:28

    Disney's profit and revenue soar

  6. 14:14

    Investors focus on jobs/Fed; McDonald's turnaround plan; Tesla's used cars