Andre Yoskowitz
27 Feb 2014 21:22
Amazon is reportedly in talks with the major music labels to start a streaming service that would be included in its Prime service.
The service will likely be very similar to Spotify, Beats, Google Play Music and others, but by being part of Prime, millions of subscribers will get the streaming service for free, rather than paying $5 or $10 per month.
Prime costs $79 per year currently, and gives Amazon buyers free 2-day shipping on millions of items, hugely discounted 1-day shipping, free access to Kindle books and free access to Amazon's video streaming service.
Although the e-commerce giant is in talks with the labels, sources say they are not close to a deal. The same sources says Amazon is looking for larger discounts than rival services have received.
While Prime is still $79 per year, Amazon suggested this year that the price of the service could go up to $99 or $119 in the future.