Spotify “A Few Weeks Away” From UMG Deal
Reports say that Spotify is "a few weeks away" from signing a U.S. distribution deal with Universal Music Group, the world's largest music label. If this happens, Spotify will have access to 68% of the market.
Due to this, sources close to the deal told Reuters that Spotify may launch without WMG on board.
And given how much more favorably CEO Edgar Bronfman has spoken about Spotify lately, it seems like U.S. music fans will be getting Spotify after all.
It may launch in the summer. Thank goodness. Can't wait.