United Kingdom, June 8 -- Spotify is reportedly looking at streaming concert videos.

The music streaming platform has already started to include some live event videos and recently unveiled tools to reserve concert tickets, and now the company could be taking things further.

According to Bloomberg, Spotify is said to have approached promoters regarding licensing rights to use live footage from musical festivals on the platform.

Spotify already has rights to premium music videos while its video podcast collection has been expanded, and it continues to explore new formats.

In terms of live concert videos, YouTube has seen success with its livestream of Coachella over the past decade, with millions of viewers around the world.

Meanwhile...