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Spotify has acquired the SoundBetter music talent market, the company announced. Founded in 2012 and qualified as "De facto LinkedIn for Music Professionals", SoundBetter allows artists, engineers and other audio professionals to buy and sell services such as recording. , mixing, mastering, etc.
"SoundBetter offers the world's most comprehensive global market for audio and music production professionals, as well as a community of members in 176 countries and 14,000 cities worldwide," said the co-founder and CEO of SoundBetter. SoundBetter, Shachar Gilad, in a press release. "We are excited to benefit from Spotify's global reach, resources and vision to expand our network and generate more economic opportunities for artists of all levels." The exact terms of the acquisition have not been disclosed.
Last February, Spotify acquired the podcasting companies Gimlet and Anchor. In July, the company closed the beta direct download program that allowed artists to transfer their music to the platform without the need of an outside distributor.
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