Is Spotify Going To Start Competing With Services Like Hulu & Netflix By Providing Video Content?
Spotify is awesome. If you’re still not on it yet for whatever reason—and I know that some of you aren’t, because I still get a “This person has joined Spotify!” notification at least once or twice a day now—you need to get on it, like, yesterday. If you’re a fan of music, Spotify is the best way to stream music, build playlists, and search for new songs and albums. It has completely revolutionized the way that I listen to music. But, is the company looking to make its way into music videos, TV shows, and movies, too?
Early yesterday, a rumor started spreading online indicating that Spotify was going to throw its hat into the online video game and start offering up an online video service in addition to all of the music that they already provide. And, it made sense to us. Spotify is obviously killing the music game. So, why not move into doing video, too? But, unfortunately, that rumor has turned out to be, well, nothing more than a rumor. Daniel Ek, the CEO of Spotify, revealed that there are no plans at the present moment for Spotify to start offering up video content.
“I won’t rule it out,” he said, “because we’re a company that looks at what we’re doing incredibly long term. But, right now, we’re all focused on music.”
For right now, that’s probably the best idea for Spotify. After all, they’ve still got a lot of work to do before their music collection is complete and offers everything that people want to hear. But, at some point, we could see them becoming a one-stop-shop for music and videos, which would put them in direct competition with companies like Hulu, Netflix, and even iTunes. And, we think they’d be pretty damn successful at it, too.
What do you think of the idea of Spotify offering video content? Would it make your life easier? Or, are you so used to watching music videos on YouTube or running the Netflix to watch The Office that you wouldn’t have any use for Spotify’s online video service? Let us know.