MUMBAI: E-commerce major Amazon is working on licensing of tunes for the music streaming service. The latest development will put Amazon in direct competition with leading streaming services like Spotify, Apple Music and Pandora.
According to the New York Post, the latest service will be a standalone offer, separate from Prime Music, which Amazon will continue to offer its customers as is. This service will cost $10 per month.
Amazon currently charges $99 for prime membership for a year. However, the company now plans to charge the users separately. By the end of last year, Amazon had over 54 million people on prime membership in the US.