A report on Wednesday claims European streaming music extraordinaire Spotify is “a few weeks away” from signing a new deal with Universal Music Group, the world’s largest music company. Reuters cites people familiar with the talks in reporting the deal, which will give Spotify access to Universal’s massive catalog of music in the U.S. Spotify has already inked a deal with Sony and the company is thought to be getting close to a U.S. launch. Despite the company’s progress, however, the report suggests Spotify is considering a launch without having signed a deal with Warner Music Group, the world’s third largest music label. Spotify currently offers a streaming music service in Europe and has been making considerable efforts of late to launch in the U.S. The service allows subscribers to listen to songs on demand and stream customized Internet radio stations to computers, cell phones and other devices.
Spotify close to Universal deal, may launch without Warner
Updated Dec 19th, 2018 7:04PM EST
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