Music creation startup Splice buys London-based orchestral sound studio Spitfire Audio, a source says for ~$50M; sources say Splice has $100M+ in annual revenue (Anna Nicolaou/Financial Times)

Anna Nicolaou / Financial Times:
Music creation startup Splice buys London-based orchestral sound studio Spitfire Audio, a source says for ~$50M; sources say Splice has $100M+ in annual revenue  —  Music samples group Splice agrees deal to acquire London-based Spitfire Audio for its library of orchestral sounds