Google Buys Songza
Google has acquired music streaming service Songza after weeks of speculation around a potential buyout
Google has acquired music streaming service Songza after weeks of speculation around a potential buyout. Songza uses information about the user and context to determine the best playlists for you at any given time, all of which are curated by music experts (DJs, Rolling Stone writers, etc.). Very few services look to human curation to enhance the music experience — Pandora, Spotify, and other big players rely heavily on algorithms — making this one of the key selling points of the service.
Plus, Songza has tons of data around what people like to listen to based
on the time of day, the weather, location, and activity, which can be
immensely valuable to a company like Google who is looking to seamlessly
integrate technology into every corner of your life.
Originally, Google was reported to be targeting the $15 million mark for this acquisition, though the company has not officially disclosed the terms of the deal. However, we’ve heard that there was also a possibility that Songza was being approached by other suitors, raising the price tag considerably.
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