Deals
Twitter Said to Be Discussing Music Deals With Startups
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Twitter Inc. is in early-stage discussions to acquire or partner with music-related startups, according to people with knowledge of the talks, as the company works on ways to rev up user growth.
One of the companies Twitter was considering buying is SoundCloud Ltd., a Berlin-based startup that lets people share music, according to one of the people, who asked not to be identified because the information is private. The talks have since ended, the person said today. Twitter’s business development team has also been discussing partnerships with companies including SoundHound Inc., a Santa Clara, California-based application for recognizing music that is playing at the moment.