Amazon to take on Apple and Spotify with 5 per month music streaming service (although you'll only be able to listen on the Echo smart speaker)

Amazon is planning to dramatically undercuts Spotify and Apple with a music streaming service that costs just 5 per month. The firm is working on a music subscription service that would only work on its Echo hardware, tech news website Recode reported, citing sources. Amazon would like to launch the services in September, but has not finalized deals with major music labels and publishers, Recode reported. Amazon would like to launch the services in September, but has not finalized deals with major music labels and publishers, Recode reported. Amazon was preparing to launch a standalone music streaming subscription service at 9.99 per month, in line with major rivals, Reuters reported in June, citing sources.