Apr 15, 2019 13:00:00

Amazon is reportedly planning a free music streaming service with ads

by

Phil Murphy

' Amazon, which offers Amazon Music , a paid music streaming service, plans to offer a free service plan,' Billboard, a foreign media company, reports.

Amazon in Talks to Launch Ad-Supported Music Offering | Billboard
https://www.billboard.com/articles/business/8506943/amazon-offer-ad-supported-music-service-exclusive

According to Billboard, the free music streaming service is run on advertising revenue within the service, not on a monthly basis. Amazon used to provide music streaming service for a fee and paid royalties to record labels according to the number of plays. The free service will dramatically increase the number of songs played and the royalties to pay, but Billboard argues that maintaining the service with advertising revenue is still the strength of Amazon's success with advertising. You are

Amazon also plans to appeal to users its free music streaming service through the smart speaker ' Amazon Echo ', according to Billboard, 'it will be available as early as the end of April.'

Amazon has not revealed the number of paid Amazon Music users, but it is likely that there will be more than 20 million users overall. Providing a free music streaming service shows Amazon's growth in the digital music market, Billboard points out, and also considering that Amazon has more than 50% share in the smart speakers field, similar free music streaming We expect to compete well with Spotify, which provides the service.

by Nickolai Kashirin

Billboard asked for a comment from Amazon, but there was no response.