Los Angeles – Streaming music service Spotify last month
re-started negotiations with records labels, seeking their input "to
determine what type of service would be possible to launch before the end of
the year," Billboard reported.
The company apparently "failed to
persuade" the labels to license the service in earlier discussions, which
centered on a "freemium" model that some labels have publicly said
Sources told Billboard Spotify is open to signing short-term
deals that would allow it to launch this year as promised, "designed to
evolve over time as the in-dispute elements are revisited."
Spotify counts over 7 million users of its streaming music service, more than 500,000 of
whom pay for a premium version that costs about $15 per month.