Google Is NOT Buying Music Streaming Giant Spotify For $41.1 Billion

Posted at April 4th, 2017 | by Yash Vikram Singh | in

Digital Music News posted a very convincing article about Google acquiring Spotify for $41.1 Billion in cash and equity, but it was an elaborate April Fools plan. The only telltale sign in the otherwise perfectly believable article was this line toward the end:
“The full Wall Street Journal article is here.  We’ll update as more aspects of the deal emerge.”

In which the link leads to Wikipedia’s page on the meaning behind April Fool’s day.

If Google was working it’s way towards buying out Spotify, it would have turned out to be the biggest deal ever to touch the music industry. Spotify is a behemoth by itself, about to reach it’s 50 millionth paying subscriber. And it goes without saying it would take Google to a whole new level as far as the music industry is concerned. A whole level above Apple Music. Alphabet is  struggling to concoct a solid streaming service.

They even included totally fake quotes:

 “We’re thrilled to bring Spotify into our family of music properties,” Google Music executive vice president Nathan Rutherford said on Saturday while key media outlets were given the preview of the deal.

“Now, we can combine the best of three worlds: Google Music, YouTube Music, and Spotify.” Rutherford said.

“We hope this game-changing approach will truly re-orient artists towards an exposure model, while we continue to pay the labels.”

Spotify’s CEO, Daniel Ek, hasn’t been removed either. Well done, DMN, the article went viral and it was a while before even we realized that it’s fake.

Yash Vikram Singh

TALK OF THE TOWN

Psy Legends Vini Vici Are Coming To India This November

Psychedelic Trance dignitary Vini Vici are planning an India tour later thi ...

20 Night Clubs In India That You Need To Party At

There are very little things that may beat going out partying that would ma ...

Cafés In Mumbai That Won't Burn A Hole In Your Pocket

Mumbai is yuuge and as a result there are loads and loads of quirky and min ...

Nightlife Spots In Mumbai You Can Party At After 1AM

Of many things that Mumbai is popular for, nightlife is one. A drive along ...

Cafés In Delhi/NCR With Interesting Concepts For When You Want More Than Just A Meal

Cafes in Delhi are popping up everywhere. A couple of years ago Delhi was a ...

Mashd N Kutcher Are Bringing The Heat With A Three City India Run

Australian electronic duo Mashd & Kutcher have quickly become the bigge ...

TRENDING

15 Coke Studio Songs That Will Touch Your Very Soul

They say nothing blurs barriers better than music. Pakistan and India have ...

Zaeden's Collab With Ankit Tewari Is The Perfect Bridge Between Bollywood & Electronica

Zaeden's been exploring his sound and has come a long way since his Yesterd ...

Jaden Smith Released His Debut Album "SYRE" And It Is Way Too Good For A 19 Year Old

Jaden Smith isn't your traditional 2017 rapper, in fact, he's not really a ...

DJs That Are Making The World A Better Place With Their Contributions

There are a lot of philanthropic EDM DJs who have also stepped up to make ...

Wiz Khalifa & NGHTMRE Release Fresh New Collab With PnB Rock

So much music is coming at us from all directions nowadays that we need to ...

TroyBoi & Ekali Release Much Anticipated Fire Collab "Truth"

  Ekali & Troyboi unleashed a bomb collaboration a couple of da ...


Find Events

In your city, in your neighbourhood. Coming soon.

What’s Trending

What trends never ends.

@grapevineonline

Follow Us on Insta for #GVOStuff