Spotify acquires online music studio Soundtrap

Soumya Sekhar Published on : 21 November 2017 1 minute

Music streaming service, Spotify has now acquired online music studio startup Soundtrap. The Stockholm-based company makes freemium, cloud-based, collaborative music and podcast; in a recording studio that includes its own collection of loops. The move signals Spotify’s intentions to diversify … Continue reading

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Music streaming service, Spotify has now acquired online music studio startup Soundtrap. The Stockholm-based company makes freemium, cloud-based, collaborative music and podcast; in a recording studio that includes its own collection of loops.

The move signals Spotify’s intentions to diversify into music creation and not just limit itself to its distribution.

Written by: Soumya Sekhar

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