It has been reported this week that Amazon is currently in talks with music labels in preparation to launch its own music streaming service as an add-on for users of its Amazon Prime yearly subscription service.
It has been rumoured for some time that Amazon has been considering creating its own Spotify style Amazon Prime Music streaming service to be bundled with its one-day delivery and movie streaming service offered to Amazon Prime customers.
However sources close to Amazon have revealed that discussions between Amazon and music labels aren’t going quite as planned and are not close to finalising a deal. Due to Amazon executives asking for a substantial discount on the pricing that music labels have given to other music streaming services such as Beats, Spotify and Rhapsody.
Earlier this week Amazon started rolling out its new Amazon Prime movie streaming service in the UK enabling Amazon Prime UK users to enjoy TV series and movies for the first time.
As more information becomes available regards the possibility of Amazon launching a new music streaming service we will keep you updated as always.
Source: re/code
Filed Under: Technology News, Top News