Amazon is close to agreeing deals with some of world’s largest record labels as it prepares to launch its own music streaming service which will include a cheaper price option that could undercut the competition, it has been reported.
The online retail giant is making strategic moves to strengthen what it intends to be a direct rival to Spotify and Apple Music.
The service will match what has become the industry standard for such services with a $9.99 a month price point and could launch as early as next month, according to people familiar with the Read full story ›
Source: The Drum
Industry News