Following rumors that streaming music provider Spotify was close to reaching its first deal with a U.S. record label, MediaMemo reports that the company has finally put one in its win column stateside. Spotify today signed a deal with Sony that will give the service access to Sony’s music catalog in the U.S., according to the report. The terms of the deal are said to be very similar to Spotify’s European deals, which would give U.S. users access to ad-supported streaming to a computer for free or ad-free streaming to a variety of devices for a monthly fee. The deal does not mean that a U.S. launch of the Spotify service is imminent, however. The company still needs to get additional labels on board, and it has had a great deal of trouble wooing U.S. labels thus far. Theories as to why labels are so reluctant include fear of further cannibalization of CD sales and fear of upsetting Apple, the top music retailer in the country.


Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.