According to the latest rumor published by Michael Arrington over at TechCrunch, Apple and European-based music streaming service Spotify might be in the very early stages of discussing an acquisition.
“Apple, Inc. (AAPL) in negotiations to acquire Spotify,” read the tip that came in yesterday via email from an anonymous source. Most tips are just outright false, but we dug into this one a little bit.
Here’s what we heard – Apple and Spotify are in on again, off again discussions about an acquisition, but at best it’s very early in the process. No firm price has been offered, no term sheet tabled. Still, it’s interesting that the two are talking.