Spotify will hold mystery news event, probably introducing a new video division

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As Apple reportedly readies for the launch of its Beats music streaming service next month, Spotify plans to get out ahead of the unveiling with a little news of its own.

The Swedish-based company sent an invitation to members of the media on Thursday for an event that will be held on Wednesday, May 20 in New York City. The tagline on the green invitation is straightforward: “we’ve got some news.”

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Considering Spotify is rumored to be working on a web video business and could launch the service as early as this month ā€” according to the Wall Street Journal ā€” this might just be the “some news” to which the invite alludes. Read more…

More about Music, Apple, Music Streaming, Spotify, and Beats

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