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2020
Twitter Sought to Buy Clubhouse Live-Audio App for $4 Billion (Report)
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variety.com
variety.comTodd Spangler NY Digital EditorTwitter recently was in talks to acquire Clubhouse, the heavily hyped live-audio social media app, in a deal worth $4 billion, Bloomberg reported, citing anonymous sources.Twitter’s overture came even as it has been developing a similar feature called Spaces.
According to the report, the discussions between the two companies have since ended.Asked about the report, a Twitter rep said, “We don’t comment on rumors or speculation.” Clubhouse didn’t immediately respond to a request for comment.Clubhouse, launched in April 2020, has had more than 15 million app installs to date, according to research firm Sensor Tower.
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