According to a report, Google could be looking to acquire popular music streaming service Songza for an undisclosed amount. The reasoning behind this is unknown at the moment as Google already has a music streaming service of its own (Play Music All Access). But it’s possible that the company is looking to strengthen its reach even further in the business.
The specifics of this deal are not known at the moment, but we could get official confirmation soon if these reports materialize. Unlike conventional music streaming services, Songza is a little different as it can provide specific recommendations based on the user’s activity such as while in the gym or at the office. The service reportedly has about 10 million subscribers, so perhaps Google wants a slice of that as well.
It’s too early to comment on the deal as either company is yet to come out in the open and confirm, but we think it’s pretty much on the cards. What’s your take on this deal, will it ever materialize?
Source: New York Post