Spotify may be getting into the Web video business. According to the Wall Street Journal, the music streaming service has been reaching out to digital producers who specialize in making content for YouTube about potential partnerships.
Spotify could announce the video plans during a just-announced press event on May 20 in New York City -- the company refused Billboard's request for comment.
On YouTube, multi-channel networks (MCNs) like Maker Studios and AwesomenessTV run channels that boast millions of subscribers and billions of monthly page views. The Journal says Spotify is in discussion to acquire existing content from active networks and wants to lead in the creation of new original series.