acquires

Sony Music Acquires $100m Worth Of Shares In NetEase Cloud Music

NetEase, the Chinese company, will list its music streaming service, NetEase Cloud Music, on the Hong Kong Stock Exchange on December 2nd. Sony Music has subscribed to a substantial number of shares for $100 million as part of the pre-IPO process.Continue Reading

Spotify Acquires Audiobook Distributor Findaway

Spotify is expanding its audiobook offerings by acquiring Findaway, a leading audiobook distributor. Spotify and Findaway will accelerate the growth of audiobooks as a result of the new acquisition. According to Gustav from Spotify’s reach team: “It is Spotify’s ambition to be the destination for all things audio both forContinue Reading