Spotify is reportedly considering a move into video
Spotify’s business has always been centered around streaming music, but soon the company could start integrating video into its service. The Wall Street Journal is reporting that Spotify “has been reaching out to companies that specialize in making content for YouTube.” The company is said to be inquiring about buying existing content and also partnering with those companies to produce original video. This would mark entirely new territory for Spotify.
Rival music service Tidal includes access to music videos in its subscription, and also plans to regularly stream live concerts and other exclusive content to customers. But other tries haven’t been so successful; Rdio’s attempt to introduce a premium video store proved to be a colossal…
Source:: The Verge
