This isn’t Spotify’s first rodeo in working with a big live event. The streaming platform recently announced a deal with Beatport to help promote the EDM specialist’s music and video content, including concerts.
It’s also possible that live music integrations will become increasingly common in the streaming space. Pandora announced today that it is buying live event company Ticketfly, while Tidal is promoting charity events featuring its artist-owners. Meanwhile, digital music platforms from Rdio to TuneCore to KKBox have been negotiating deals with a live music angle. This might be a new way for the streaming services to build some financial stability and further brand awareness.