Hasta La Gadget!

Late last week, we reported a rumor that European streaming music service Spotify may be headed to the US in the near future. The post was titled, simply enough, “Spotify May be Headed to US Soon.” The rumor was based on a report that the service was close to inking a deal with Sony Music, including the quote from an anonymous music executive stating, “Spotify is launching in the US, for sure.”

That report has since been shot down by another anonymous source. “It’s not happening anytime soon, they may be close to getting deals done, but the labels are still not confident about their business model,” someone told Reuters. According to the same person, Spotify’s arrival on our shores is, “unlikely to be this quarter.”

Spotify’s business model is largely centered around free, ad-supported music, offering listeners free album streaming, in an attempt to get them to sign up for the premium service. It’s a model that, while successful in Europe, will take a lot of convincing in order to bring US music execs on board.