Playlists.net Acquired By Warner Music Group — techcrunch.com

In early July we reported exclusively that Spotify community and playlist sharing site Playlists.net was in acquisition talks, with one suitor — a prominent music industry company — in the lead. Well, today comes official confirmation that the UK startup has indeed been acquired by WEA, the artist and label services company owned by major record label Warner Music Group. Terms of the deal remain undisclosed.

Read More