Coca-Cola is in talks with Spotify with potential investment in the streaming music service on the cards.

Sky News reports that the soft-drinks giant is in discussions to acquire Spotify shares worth around $10m (£6.2m). Spotify itself is currently raising funds and expected to value its business at around $4bn (£2.5bn).

Sky News points out that, with such a valuation in mind, Coca-Cola’s stake in the company would be negligible.

Sky sources close to Coca-Cola say that talks are likely ...