Spotify Adds UMG, Inching Towards A July U.S. Launch
June 13, 2011 at 3:59 AM (PT)
SPOTIFY is a bit closer to their long-delayed U.S. launch, signing a distribution agreement with VIVENDI SA's UNIVERSAL MUSIC GROUP, sources tell THE WALL STREET JOURNAL. "The deal, which one of these people said was signed on THURSDAY, comes in addition to similar pacts with EMI GROUP LTD. and SONY CORP.'s SONY MUSIC ENTERTAINMENT. The remaining major-label group, WARNER MUSIC GROUP CORP., was in advanced discussions on FRIDAY with SPOTIFY.."
In APRIL (NET NEWS 4/15), SPOTIFY announced it had reached the milestone of one million paying subscribers across EUROPE in MARCH, but has yet to set a launch date in the U.S. The service was adding more limits to listening time. Effective MAY 1st, new free users had unlimited listening for the first six months. But after that, they are limited to 10 hours of music per month.
The JOURNAL notes SPOTIFY has informed music labels that they're shooting for an early JULY launch in the U.S.