London – Virgin Media is in talks with European streaming
music service Spotify on launching a subscription-based music service, after
Virgin was unable to secure necessary licenses from several of the major labels
to launch its own unlimited music download service, the Telegraph reported.
"The finer details are not yet known, but Spotify will be offering new
tools and content exclusively to Virgin customers as part of the
arrangement," a source close to Spotify told the Telegraph.
Virgin
announced plans for an "unlimited" download service last year, but so
far has only signed Universal Music.
"Warner and EMI are driving a tough
deal, but Sony US management has really stuck its heels in and is not budging.
The company do not like the idea of offering unlimited amounts of downloads for
a monthly subscription fee," a "senior music figure" told the
Telegraph.
Related Links:
http://tinyurl.com/2u9bkxy
(Telegraph)
http://www.spotify.com
