Spotify: Acquires SoundBetter

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Spotify: Acquires SoundBetter

Spotify: Acquires SoundBetter

  • SoundBetter has about 180,000 registered users and has paid out more than $19 million to musicians
  • New York-based SoundBetter had raised an undisclosed amount of funding from investors
  • SoundBetter founded back in 2012 by Shachar Gilad (CEO) and Itamar Yunger (CTO)
  • Then Spotify had tried to launch a direct music distribution platform in the past
  • Spotify has over the years amassed a growing list of assets that take the platform beyond basic music streaming
  • SoundBetter also offers the most comprehensive global marketplace for music and audio production professionals