Spotify, Google have not held talks
Google has not been in formal or informal talks to acquire music streaming service Spotify, according to a Re/code report.
The report cited unnamed sources at both companies who said there have been no conversations about a deal or on price or even any negotiations between the two.
The report mentioned a prior Wall Street Journal article which said Google had been interested in buying the UK-based music service but walked away when the price was too high.
A previous filing by Google, which included mention of an unnamed foreign company that it had failed to buy for between USD 4 and USD 5bn, was also discussed in the report as a reason for the two companies being linked.
Source Re/code