Amazon is developing an entirely new music-streaming service, it seems.
According to The New York Post, Amazon recently held meetings to discuss licensing music for a subscription music service that would rival Spotify and Apple Music. The project is still in its early days, but Amazon's Jeff Bezos is apparently eager to make Amazon your go-to distributor of entertainment. Keep in mind this service would be different from Amazon Music.
Amazon offers roughly 1 million songs to customers as part of its $99-per-year Prime subscription service, but this new music-streaming service will be a standalone product with its own monthly fee. In fact, it will feature more music than what is now available through Prime. Amazon is currently considering a $9.99 monthly fee, but that could be discounted.
Steve Boom, Amazon’s vice president of digital music, is helming the plans for the all-new service and reportedly mulling a $3- or $4-a-month price if you purchase the service with Amazon Echo, Amazon's Bluetooth speaker that also works as a personal assistant and smart home hub.
We should know more by autumn, as Amazon is prepping a launch for then.