Wall Street Journal Report Indicates Spotify Planning Video Business

The Wall Street Journal said, citing people familiar with the matter, that music streaming service Spotify is laying plans to enter the Web video business and has been in discussions with several digital media players about potential partnerships.
The company has been reaching out to those that specialize in making content for YouTube to discuss both acquiring their material and co-creating original video series.
Spotify could announce its video plans as early as this month.