FILE PHOTO: A banner displaying the Amazon Prime Music emblem is seen in Mumbai, India, February 28, 2018. Information/Francis Mascarenhas
(Information) – Amazon.com Inc mentioned on Monday it has launched an ad-supported free model of its music streaming service “Amazon Music”.
Amazon affords paid plans for its music service beginning at $9.99 monthly. Additionally it is a part of its prime bundle. The corporate launched free model of its music service for Alexa customers on Echo gadgets in September.
Rival Spotify Applied sciences additionally affords a “freemium” mannequin that features a free ad-supported model together with a paid ad-free model at $9.99 monthly.
Amazon shares have been up practically zero.5%, whereas these of rival Spotify Applied sciences fell about 5%.
Reporting by Amal S in Bengaluru; Modifying by Arun Koyyur