The Huffington Post reports that Spotify, the on-demand music service, may be planning to enter the video streaming market by adding television series and original video content and possibly movies, in an attempt to compete with popular streaming services such as Netflix and Amazon. . Read More

Spotify today showcased an updated version of its player and its options, mostly geared to improve discovery, and surprised the media by welcoming Metallica’s music to its catalog and the band’s drummer Lars Ulrich to the stage. Read More

Yahoo and Spotify announced a global content distribution and promotion agreement, a deal which eliminates Rhapsody as Yahoo’s on-demand music partner. Read More

Spotify and Coca-Cola have entered into a global partnership to create social experiences centered around discovering and sharing music. . Read More

Spotify could imminently reach a $4 billion valuation, even though it has yet to turn a profit and isn’t interested in a floatation, according to CEO Daniel Ek. Read More

Now that Facebook has wrapped up its F8 Developers conference, it’s time for an overview of what emerged from the rumors and gossip. After all, with 800 million users – half a billion of which checked in to the site on one single day last week, according to CEO Mark Zuckerberg – anything Facebook does is likely to affect an awful lot of people. The ubiquitous social network has now become a giant interactive scrapbook that includes a user’s photos, videos, news, music, movies and memories, all automatically organized better than most people’s desks and shareable with friends. Read More

London – Spotify now counts more than 500,000 subscribers to premium version of its streaming music service, which costs £9.99 ($15.25) per month, CEO Daniel Ek told Music Week. Ek also hinted that the service’s U.S. launch — previously pegged for this summer — may be pushed into 2011. "Will we launch [in the U.S.] this year? Yes, we think that’s possible. But if for whatever reason we cannot launch the service that we envisage, then we will wait," Ek told Music Week.

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(Music Week)

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