We hate to hit replay on this one but following New York Post’s story today that European streaming music service Spotify is close to a deal with Sony Music and thereby close to launch we decided to call a few people to confirm.
It appears there’s still some distance between Spotify and the big major labels my sources tell me.
“It’s not happening anytime soon, they may be close to getting deals done, but the labels are still not confident about their business model,” one person said.