Spotify sells its music-creation tool Soundtrap back to its founders

Henry Catalini Smith

Spotify sells its music-creation tool Soundtrap back to its founders - Music Ally

Spotify is selling music-creation tool Soundtrap back to its founders as a standalone business, five and a half years after acquiring it.

Bookmark

I was in Soundtrap so this was the end of the Spotify campaign for me. I exercised my right under Section 6b of the Employment Protection Act to oppose the transfer of my employment, but a transfer of business like this one doesn’t leave much legal scope after that to avoid redundancy under Swedish employment law.