Spotify, the largest on-demand music service with 24 million active listeners, is in the early stages of exploring a possible video service, according a person close to the company. But CEO Daniel Ek says building a Netlix competitor is not something the company is gearing up to do anytime soon.
"I won't rule it out because we're a company that looks at what we're doing incredibly long term," Ek said in a recent interview with CNET. "But right now, we're all focused on music."
The idea of a Spotify video service came … Read more