Amazon Music Streaming Service?
A new report is suggesting that online retail-giant Amazon has be holding talk with some of the major record labels to create a potential music streaming service. The report from Recode has claimed that the discussions are stage in early stages but has not finalised any deals. But it is a dangerous game for Amazon with analysts saying that any potential music service would have to take on the likes of Spotify, Beats Music, Google Play and Rdio. Last year there were rumours of Amazon setting up an on-demand music service, but this report has just confirmed that the talks are actually happening.
The report has also suggested that the music service would coincide with customers’ existing Amazon Prime subscriptions. And although the joining fee is currently $79, including music would be a bonus. However, Amazon has recently considered upping the annual payment by another $40! But having TV, movies and music right there ready may make the increase easier to deal with.
We will in eagerness to see what Amazon will produce.
Source – Recode