Wednesday, May 20, 2015

Spotify to start offering videos, podcasts

Spotify, which provides free on-demand music or ad-free tunes for paying customers, said it will now also provide video content and podcasts.The video offering will include content from Vice Media and Viacom Inc's Comedy Central, the Stockholm-based company said in a press conference.The move will position the company to compete with Google Inc's YouTube and IAC/InteractiveCorp's Vimeo. Spotify had 15 million subscribers and 60 million active users at the end of 2014. (Reporting by Anya George Tharakan in Bengaluru; Editing by Savio D'Souza)

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