Google may be looking to get into the music game. The search giant is considering buying music streaming and recommendation site Songza for $15 million, according to the New York Post.
Google and Songza did not immediately respond to request for comment.
The Long Island City, N.Y.-based Songza started
life as Amie Street, an online indie music store and social community
that was founded in 2006 by Elias Roman, Elliot Breece, Eric Davich and
Peter Asbill. Amie Street acquired music search engine Songza in 2009,
which was started by web developer Scott Robbin and Aza Raskin, who have
both since left the company. Raskin is now the VP of innovation at
wearables company Jawbone, and Amie Street was sold to Amazon in 2010.
Songza has over 5 million monthly users and counts Amazon, Lerer
Ventures and Gary Vaynerchuck among its investors. It competes with
services like Pandora and Spotify, aims to set itself apart through its
creation of playlists curated by music experts, like DJs and critics,
for any mood or occasion, whether you're doing chores around the house
or taking a road trip.
Bringing in Songza's purported curation savvy could help the tech
giant expand on its Google Play back catalog. It also keeps them sharp
at a time when other tech players are vying for a piece of the
subscription-music pie.
Apple launched iTunes Radio last year and
recently bought Beats
Electronics and its accompanying streaming service Beat Music for $3
billion, in its largest purchase to date. Last week, it was reported
that Amazon will be launching a music service for its Prime members this
June or July.
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SOURCE;ENTREPRENEUR.COM
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