The Daily Dose

According to sources cited by Financial Times, SoundCloud, the beloved independent darling of the music world, is in acquisition talks with Spotify. This month, Spotify hit a huge milestone of 40 million paying customers, a rather large jump from next-best Apple, with its 17 million users. SoundCloud, while mostly known for making independent music more accessible, recently reached a milestone of its own: the launch of its paid music streaming service. With 100 million global users, Spotify is the clear-cut market leader in online streaming. As competition continues to heat up with Apple Music though, the acquisition could tip the scales in…

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