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  6. Spotify Acquires MightyTV

M&A Deal Summary

Spotify Acquires MightyTV

On March 27, 2017, Spotify acquired internet software and services company MightyTV

Acquisition Highlights
  • This is Spotify’s 6th transaction in the Internet Software and Services sector.
  • This is Spotify’s 5th transaction in the United States.
  • This is Spotify’s 2nd transaction in New York.

M&A Deal Summary
Date 2017-03-27
Target MightyTV
Sector Internet Software and Services
Buyer(s) Spotify
Deal Type Add-on Acquisition

Target

MightyTV

Irvington, New York, United States
MightyTV, Inc. is a video streaming application that allows users to discover and stream movies and television videos. MightyTV, Inc. was established in 2015 and is headquartered in Irvington, New York.

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Buyer(S) 1

Buyer

Spotify

Luxembourg, Luxembourg
Category Company
Founded 2006
Sector Digital Media
Employees7,691
Revenue 15.7B EUR (2024)
DESCRIPTION

Spotify is an internet audio streaming subscription service provider. Spotify was incorporated in 2006 and is headquartered in Luxembourg.

DEAL STATS #
Overall 8 of 27
Sector: Internet Software and Services M&A 6 of 15
Type: Add-on Acquisition M&A Deals 8 of 26
State: New York M&A 2 of 9
Country: United States M&A 5 of 18
Year: 2017 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-07 Sonalytic

London, United Kingdom

Sonalytic Ltd. is an audio detection technology that identifies songs, mixed content and audio clips and tracks copyright-protected materials.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-26 Mediachain Labs

Brooklyn, New York, United States

Mediachain Labs is a peer-to-peer decentralized database for sharing information across applications and organizations in the music industry. Mediachain Labs was established in 2014 and is headquartered in Brooklyn, New York.

Buy -
Mergr

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