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Spotify Acquires and Shutters MightyTV

Discussion in 'Article Discussion' started by Melody Bot, Mar 27, 2017.

  1. Melody Bot

    Your friendly little forum bot. Staff Member

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    Paul Sawers, writing for VentureBeat:

    Spotify has acquired MightyTV, a New York-based startup that uses AI to provide video recommendations based on personal preferences and opinions of friends. Terms of the deal were not disclosed. […]

    As a result of this acquisition, MightyTV is being shuttered with immediate effect, which essentially means this deal was more of an acqui-hire than anything else.