[UPDATED]: Spotify: Adds Video, Contract Leaks, Starbucks Partnership

(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.

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Spotify Adds Video

SpotifySpotify 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.

Sony-Music-Entertainment-LogoContract Leaks

Sony Entertainment‘s 2011 contract with Spotify has leaked on The VergeThe 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.

See the contract here.

Starbucks Deal

StarbucksOn 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.


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