News by Andrew Kameka on Friday May 30, 2014.
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Amazon is reportedly preparing to introduce a new music streaming option that will be much like its Prime Instant Video service, which will be both good and bad for users. The good comes into play because the service will be free and serve as a perk for users who pay $99 per year for free shipping. The negative aspect is that the selection will be limited and not as vast or timely as some rivals.
According to a report from Buzzfeed, Amazon plans to replicate the Prime Instant Video model for music. The internet retailer has reportedly reached a deal with record labels that will allow it to stream some songs to Prime members that were released at least 6 months prior. Sony Music and Warner Music Group have agreed to licensing deals, but it's unclear if the third music conglomerate, Universal, has signed on.
The new streaming service will not have the latest songs topping the charts; nor will it have a full library of older hits. What it will offer is a collection of popular albums and songs and a less-heralded gems that might keep users entertained despite having a selection smaller than Spotify or Beats. Buzzfeed claims that five different sources confirmed the information of its report, though a name for the product has not been revealed. Amazon is prepping its music service to launch in June or July.source: Buzzfeed
Andrew is based in Miami, Florida.