Ron Burgundy Posted May 7, 2015 Share Posted May 7, 2015 (Reuters) - Music streaming service Spotify is laying plans to enter the Web video business and has been in discussions with several digital media players about potential partnerships, the Wall Street Journal said, citing people familiar with the matter. The company has been reaching out to companies that specialize in making content for Google Inc's YouTube to discuss both acquiring their material and co-creating original video series, the Journal said. Spotify could announce its video plans as early as this month, the report said. The company is nearing a deal to raise $400 million, valuing it at $8.4 billion, the Wall Street Journal had reported last month. View the full article Quote Link to comment Share on other sites More sharing options...
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