Back in May last year, it was reported that popular music-streaming company Spotify is planning to launch a video service. And now, the company has confirmed that the service will be available on Spotify for Android this week, followed by the iOS app by the end of next week. The service will initially launch in the US, UK, Germany, and Sweden, and will feature content - mostly consisting of short clips - provided by firms like ESPN, Comedy Central, the BBC, Vice Media and Maker Studios. Videos would be available in packages like "News of the Week" or "Laughs at Lunch," the company said. As for the revenue model, the company isn't relying on advertising, at-least not initially - the aim is to expand the user base and get existing users spend more time with the...
Source: http://www.gsmarena.com/spotifys_video_streaming_service_launching_on_android_this_week-news-16271.php
