Amazon Music Streaming: Echo-Linked Cheaper Service To Be Launched, Report Says

Amazon.com, Inc. wants a piece of the fast-growing music streaming business, and is reportedly looking to launch its own subscription service in September. Along with the regular 10 a month for all you can stream option -- like other services such as Apple Music and Spotify offer -- Amazon is also considering a cheaper package exclusive to its hardware, according to Recode. The second service will cost 5 a month -- half of what other similar services usually charge -- and will work only on Amazon's Echo hardware, allowing users to stream unlimited music without any ads. There have been 5 streaming offers before, but they usually streamed web radio stations instead of allowing users to listen to songs on demand. The Recode report, which cited unnamed sources, added that Amazon has still not reached final agreements with music labels, with one of the issues being whether the company will charge 4 or 5 for the cheaper service.