Rdio has acquired music discovery service TastemakerX, according to venturebeat.com.
Marc Ruxin |
As part of the acquisition deal, TastemakerX founder Marc Ruxin will become Rdio’s new COO, while the entire seven-employee TastemakerX team will also join the company, Ruxin confirmed to VentureBeat.
While the company has yet to make a formal announcement about the acquisition, the move could have something to do with TastemakerX’s ability to collect data on how people listen to music. Earlier this year, Rdio decided to stop using The Echo Nest’s music data (recommendations, etc.) after Spotify acquired the service. TastemakerX could help fill the gap The Echo Nest has left.
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