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Amazon and Spotify considering deals on Audioboom

The American Amazon and the Swedish music streaming service Spotify are considering offers for the acquisition of the audio distribution and podcasting platform Audioboom, which weighs around 276 million pounds on the British coast. City sources have told Sky News that Amazon and Spotify are evaluating offers, with any approach likely to bring a significant premium to Audioboom’s current share price. Amazon and Spotify could decide on formal offers as early as this month. Several other international media groups have also reportedly explored approaches.

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