The company is reportedly wrapping up deals with the world’s largest record labels.
In terms of price, Amazon would charge subscribers $9.99 a month, which is what Spotify, Apple Music, Tidal and Google Play all charge. And Amazon isn’t the only looking to enter this space. Pandora is reportedly also wrapping up agreements with major record companies. While Amazon currently offers music streaming services, it’s only free for Amazon Prime subscribers and isn’t very expansive.
Its library offers “over a million” tunes according to the website, compared to the more than 30 million songs on Apple Music and Spotify.
It’s likely Amazon’s new service will have more to offer.