8tracks rejected Google purchase offer - report

RHIAN JONES

Music discovery streaming site 8tracks reportedly rejected an offer to be bought by Google last year.

The suggested 8tracks deal is described as an “acquire-hire” arrangement and could have resulted in the shutdown of the service. However, 8tracks chose to remain independent.

With around 11 million registered users, the platform has raised $1.5 million since launching in 2006.

Earlier this month, Google was said to be in talks to acquire Songza for $15 million - another curated playlist based streaming ...

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