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Digital Top Stories
Spotify could be close to Universal deal in US
By CMU Editorial | Published on Thursday 24 February 2011
Could Spotify’s long awaited launch in the US market be nearly here? With EMI and Sony Music seemingly already on board, Reuters is now reporting that a US licensing deal between Universal Music and Spotify is now “a few weeks away”.
Though it adds that some sources within the US branch of the music major are still saying that it is not 100% assured Universal bosses will actually sign on the dotted line. But if said deal was done, it is thought Spotify could launch Stateside this side of summer.
Talks with Warner Music, meanwhile, are seemingly going nowhere fast, despite their top man Edgar Bronfman Jr saying in a recent investor call that streaming services will play an increasingly important part in the future of digital music. Though, as previously reported, he, like some execs at the other majors, remains cautious about the viability of the free ad-funded version of Spotify’s service.
Either way, it seems likely Spotify could and would launch in the US without Warner on board providing access to Universal’s content was available.