Amazon is preparing to launch streaming music service – sources
by Reuters from Technology | The Guardian on (#1GTBQ)
- Full-fledged service to be offered at $9.99 a month
- New music offering aimed to increase appeal of Amazon Echo home speaker
Amazon is preparing to launch a standalone music streaming subscription service, placing it squarely in competition with rival offerings from Apple and Spotify, according to two people with knowledge of the matter.
The service will be offered at $9.99 per month, in line with major rivals, and it will offer a competitive catalog of songs, the sources said. Amazon is finalizing licenses with labels for the service, which will probably be launched in late summer or early fall, the sources said.
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