Spotify CEO Denies Movie Streaming Plans

No it aint true. Media these days are funny. Soon Ill be reading that Spotify is launching a space rocket.

Daniel Ek, co-founder, Spotify in a tweet this morning categorically denied that his company has any negotiations underway to stream movies in addition to music, as reported by Michael Arrington.

Spotify continues to negotiate with Facebook over its long promisedU.S. launch. But that isnt the only thing the music streaming service has been up to. Theyve negotiated a number of deals with major movie studios to offer users streaming movies as well as music, a source in the industry tells us

That said, it does seem like a pretty sweet idea.

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