Home deals Spotify acquires online music studio Soundtrap as it goes after creators

Spotify acquires online music studio Soundtrap as it goes after creators

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Photo by Ingridi Alves Photograph on Unsplash under the Creative Commons License

Tech Crunch reports: “Spotify has made another acquisition as it continues to build out the services it offers to artists beyond basic streaming. It has acquired online music studio startup Soundtrap, the company announced via a blog post this morning.The three year-old company, based in Stockholm, is the maker of a freemium (paid and free) cloud-based, collaborative music and podcast recording studio that includes its own collection of loops, as well as the ability to connect your instruments.”

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