Spotify and Amazon considering Audioboom purchase

[Hanno Labuschagne]

Spotify and Amazon considering Audioboom purchase

Amazon.com Inc. and Spotify Technology SA are exploring bids for Audioboom Group Plc and may decide on formal offers for the podcasting group as soon as this month, Sky News said.

The two digital giants have been exploring rival bids in recent weeks, Sky News said, with Amazon working with JPMorgan Chase & Co. on its interest in Audioboom.

[Bloomberg]

 

[FiestaST]

Thanks, a more condensed article is needed though.