Spotify, the popular European streaming music service provider, is finally nearing a deal in the U.S., the New York Post reports. Following more than a year of negotiations with U.S. record labels, Spotify is said to be close to a deal with Sony and has “gained the support” of another label, according to The Post’s sources. Spotify launched in Europe in 2008, offering unlimited streaming music on demand. In its current state, Spotify offers free ad-supported access to users, as well as two paid premium plans — an ad-free £4.99 plan, and a £9.99 plan that allows streaming to mobile devices and station caching for off-line playback. The company has been fighting to offer its service in the U.S. for over a year but has been met with opposition from record labels, which are still uneasy with certain subscription models. Spotify would not confirm The Post’s report.
Spotify finally making headway in journey to U.S., report claims
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