Getting your player ready...
Music streaming service Spotify is laying plans to enter the hotly competitive Web video business and has been in discussions with several digital media players about potential partnerships, according to people familiar with the matter.
The closely held streaming service, which has shaken up the recording industry in the past few years, has been reaching out to companies that specialize in making content for YouTube to discuss both acquiring their material and co-creating original video series, said people familiar with the matter. Spotify also has reached out to some well-known traditional media companies.
Spotify could announce its video plans as early as this month, the sources said.
