Spotify and make investment in each other's music businesses, forming an alliance in the music industry. As a result of this transaction, Spotify gained a 9% stake in TME with TME gaining a 7.5% stake in Spotify. In February 2018, Spotify and Discord teamed up, allowing Discord desktop app users, on both PC and Mac, to publicly display on their profile what music they're listening to, and if the users have Spotify's Premium service, they can listen to each other's music together in real-time. In April 2018, Spotify announced a discounted entertainment bundle with video-on-demand provider Hulu. In July 2015, Spotify
Fortune Brands Fortune Brands Fortune Brands was a holding company founded in 1969 as American Brands and later renamed in 1997 and split apart in 2011. The corporate headquarters was in Deerfield, Illinois, in the United States. The company historically had a significant diversity of products. It announced on December 8, 2010, that it planned to focus on its liquor business, and to spin off or sell other parts of the company – including home furnishings and hardware and other golf products. The company then sold its Titleist and FootJoy product lines to FILA Korea. On October 3, 2011, it split the