More than 1,300 companies across the entertainment, media, technology, health, finance and telecommunications sectors are expected to announce new streaming services this week, with the likes of Spotify, Pandora and Netflix expected to launch new services later this month.
In a move that many analysts say could be seen as a bid to get more of the revenue from streaming to more of its members, Spotify is launching its own streaming service in Canada.
“We think the music industry needs to be more engaged in the digital world and we’re really excited to partner with Spotify to bring the streaming experience to Canadians,” said Tom Smith, CEO of the Toronto-based streaming service, which is expected to hit the market this summer.
The streaming company said the Canadian streaming service will allow Canadians to enjoy more of what they enjoy on their mobile devices and to watch their favourite Canadian TV shows, movies and music on demand.
Spotify also announced a partnership with BAMTech, which will offer a streaming music service for B.C. residents.
The company also announced the launch of a new subscription streaming service for members of the U.S. public, which includes exclusive content from Apple and other streaming services.