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 ...

One Republic Are Coming To India Next Month

One of the greatest Pop-Rock bands of our time are hitting up India next mo ...

Troyboi Is Coming Back For An India Tour This Month

It seems like Troyboi will be coming back for more after his debut India to ...

10 Night Clubs In Mumbai That You Must Party At

Not every soul would agree but Mumbai is the most exquisite city when it co ...

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 ...

TRENDING

Psy Artist Ace Ventura a.k.a. Yoni Oshrat To Perform In Delhi

One of Israel’s biggest talents in psychedelic and progressive t ...

Mark Andre 3000's Birthday with Outkast's Best

OutKast is an American hip hop duo formed in 1992 in East Point, Geor ...

DJ Khaled Is Continuously Dropping New Tracks, Latest With Cardi B, Lil Baby

Dj Khaled has been releasing singles over youtube, each with a pop culture ...

Next Kid Cudi Album to Come Out No Sooner Than 2020

Cult rap star Kid Cudi has not come out with new music this y ...

JLo Sizzles In New Video

    Jennifer Lopez came out with 'Medicine', her latest ...

Dj Khaled Release 6 Video Tracks Back-to-Back In 2 Days

DJ Khaled seems to be on a roll and also rumoured to be releasing an album ...


Find Events

In your city, in your neighbourhood. Coming soon.

What’s Trending

What trends never ends.

@grapevineonline

Follow Us on Insta for #GVOStuff