Report: Spotify Will Add a Streaming Video Service

By Mario Aguilar on at

SAI reports that Spotify plans to expand beyond its on-demand streaming music service into the wild world of streaming video. According to unnamed sources, Spotify wants to take on VOD services with exclusive content, which would put the company in direct competition with companies like Netflix, Amazon, and even, if you're willing to stretch you imagination, with the likes of Sky.

Spotify has already tread the ground of original content on the music side of things with exlusive live performances and audio interviews with artists. The actual nature of the streaming video service that Spotify is developing isn't quite known. We've reached out to Spotify for comment on this story an we'll update when we have new information. [SAI]