Google to Buy Songza for $15 Million?

July 8, 2014

4:30 pm

Early last week it was reported by Business Insider (BI) that Google has been talking with Songza, a music streaming platform, about buying them out. Reportedly, the price will be in the $15 million neighborhood and a bold strategic move for Google.

Companies like Spotify and Pandora have long held dominant in the music streaming business, but Google doesn’t want to sit idly by and watch anymore. And according to the BI post, Google is trailing these companies because “music doesn’t respond to search algorithms – Google’s key strength – the way simpler media like words or images do.”

Granted Songza only has about 5.5 million active monthly users – while the likes of Spotify have closer to 40 million – but that’s not stopping Google anytime soon. We’ve seen Google in acquisition mode plenty, and when they have their sights set on a target, they move for nobody.

Did you like this article?

Get more delivered to your inbox just like it!

Sorry about that. Try these articles instead!

Will is a Senior Writer with Tech.Co, based out of America’s Finest City: San Diego. He covers all territory West of the Mississippi river, digging deep for awesome local entrepreneurs, companies, and ideas. He’s the resident Android junkie and will be happy to tell you why you should switch to the OS. When he’s off the clock, Will focuses his literary talent on the art of creative writing…or you might find him surfing in Ocean Beach.

Follow Will on Twitter @WJS1988

  • Shares

Leave a Reply

  • (will not be published)