Amazon Considering Prime Music Service
Recently, Amazon has been reported to be exploring a Prime music streaming service. It would, like Spotify and Rdio, be a subscription-based type of deal. To learn more, you can take a look at a report from Re/code below, after the jump.
While waiting for news on this topic, don’t forget to buy concert tickets to see your favorite bands live and to purchase a CD of theirs on amazon!
Amazon gives away movies and TV shows to people who join its Amazon Prime subscription service. When will it start giving away music, too?
Maybe this year. People have been predicting that Amazon would offer a Spotify-like music subscription service, most likely bundled with its Prime delivery option, for some time. But industry sources say Amazon is now engaged in more serious talks with big music labels about making that happen.
Which doesn’t mean it will: One label source reports that Amazon isn’t close to getting a deal done, because its executives are asking for a substantial discount on the pricing the labels have given to other services, like Spotify, Rhapsody and Beats.
Still, label talks have been going on for the past few months, sources say.
The basic logic: Amazon gives away a Netflix-style video service as a way to reward Prime members, who pay $79 a year and get free two-day shipping, among other perks. So if they’re willing to do that — under the theory that the cost of the video is worth it, because Prime members buy a lot more stuff from Amazon than nonmembers — why not make the service even more attractive with free music?
Earlier this year, Amazon told Wall Street that it may raise the price of Prime by as much as $40, to $119 a year.
Ruth Marie Kast
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