Spotify is in 'advanced talks' to buy rival SoundCloud
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Louis Lanzano/Bloomberg
Daniel Ek, chief executive officer of Spotify Ltd., speaks at a news conference in New York, U.S., on Wednesday, Nov. 30, 2011.
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Music streaming giant Spotify is in "advanced talks" to buy SoundCloud, a rival streaming service famous for catapulting early bands to stardom, the FT reports.
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