Announced
Financials
Sources
Tags
Acquisition
Pending
United States
audio production
Private
Digital Services
Friendly
audio platform
Single Bidder
Synopsis
Spotify, the world’s most popular audio streaming subscription service, acquired SoundBetter, a leading global audio production and collaboration marketplace helping creators worldwide connect and hire top audio professionals. Terms of the transaction were not disclosed. “As we build out our tools for creators, we want to give them the resources they need to thrive. SoundBetter has the same vision,” said Beckwith Kloss, VP Product, Creator at Spotify. “We're excited that creators can generate income through SoundBetter, as well as benefit from its network of top professionals - from instrumentalists to songwriters to producers - as they perfect their tracks.”
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