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May 26, 2011 05:03 pm GMT

No Spotify Inside Facebook, Two Record Labels Still Needed For US Launch

There has been some interesting speculation regarding the relationship between hot (at least in Europe) music streaming service Spotify and gargantuan social platform Facebook. Now Forbes is reporting that Facebook has partnered with Spotify on a streaming service that "could be launched in as little as two weeks" via a Spotify icon in a user's newsfeed.However, our sources are pouring ice cold water on the idea. The reasons are thus: Even through Spotify is doing very well on its home turf of Sweden... and has launched in Finland, France, the Netherlands, Norway, Spain and the UK - it has yet to launch in the US. And a launch in the next two weeks looks highly optimistic.Our sources say the reason is that Spotify has in fact secured two big unnamed record labels - but needs two more labels to come on board before it can launch in the US.

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