The new service is expected to launch in June or July
Amazon is taking its “World’s Largest Online Retailer” moniker to a new level this summer when it’s set to offer members of its paid Prime subscription streaming music.
Buzzfeed reports that the online retailer is set to “expand its Prime membership offerings by adding a stockpile of old and newish music for subscribers to stream on demand” this June or July. Five music industry sources have revealed to Buzzfeed that the Prime music service will restrict its catalog to songs and albums that are at least six months old and older, and will not include any recently released products.
The deal is said to be similar to Amazon’s Prime Instant Video on-demand service offered to Prime members where it will only offer a “potluck of select songs and albums it has licensed from labels at a discount.” The Prime music service, which name has yet been unveiled, will be distinguished from standalone streaming companies Rdio, Spotify and Beats Music which lure customers by promising “all of the world’s music.”
Reportedly, Amazon currently has over 20 million subscribers (myself included) to its Amazon Prime premium membership. Amazon announced in March that the nine year old service would raise prices from $79 a year to $99, due to “increased cost of fuel and transportation” and high utilization from existing customers streaming video, getting free two-day shipping and lending Kindle products.
Author: Buddy Iahn
Buddy Iahn founded The Music Universe when he decided to juxtapose his love of web design and music. As a lifelong drummer, he decided to take a hiatus from playing music to report it. The website began as a fun project in 2013 to one of the top independent news sites.