(MusicRow) – [Updated report, 1:15 p.m. CT]
The Verge is reporting a request from the copyright owner has led to the removal of the leaked Spotify contract from its server. The link now displays a 404-error. A detailed report of the contract can be seen here.
[Previous story]
Spotify Adds Video
Spotify has expanded into the world of video. The streaming service announced it is adding video clips and audio shows to the music mix.
“We know there are times in the day you want to switch between music to catch up on the latest news, listen to your favorite podcast or simply watch something fun,” said Spotify in a release. “Spotify will suggest video and audio shows for you to watch and learn what you love.”
Entertainment, news and clips will be available from ABC, Adult Swim, BBC, Comedy Central, Condé Nast Entertainment, ESPN, Fusion, Maker Studios, NBCUniversal, TBS, TED and Vice Media, with more to come.
The update also comes with a feature for runners, matching the pace of your stride with the perfect tempo song.
Contract Leaks
Sony Entertainment‘s 2011 contract with Spotify has leaked on The Verge. The 42-page contract was signed a few months prior to Spotify’s U.S. launch. The document reveals streaming calculations, a $25 million advance for two years of the contract ($9 million the first year and $16 million the second) with a $17.5 million advance for the optional third year to Sony Music, and a Most Favored Nations Clause.
Starbucks Deal
On Monday (May 18), Starbucks announced intent to establish a multi-year relationship with Spotify. Employees and customers will be able to pick the songs played at the shops. Additionally, Spotify will be incoporated into Starbucks’s mobile app. There will be opportunities for Spotify and Starbucks members to earn “Stars as Currency.”
This development comes after a February announcement that the coffee retailer will cease selling physical CDs, which it had since 1994.
Category: Featured
About the Author
Eric T. Parker oversees operations and contributes editorial for MusicRow's print magazine, MusicRow.com, the RowFax tip sheet and the MusicRow CountryBreakout chart. He also facilitates annual events for the enterprise, including MusicRow Awards, CountryBreakout Awards and the Rising Women on the Row. eparker@musicrow.com | @EricTParkerView Author Profile