Amazon Reportedly Will Launch Music-Streaming Service This Summer

Amazon will launch a music-streaming service under its Prime membership plan, BuzzFeed reported Thursday. According to the news site, the e-commerce giant has inked deals with two out of the three major music labels, Warner Music Group and Sony Music Entertainment. The service, slated for June or July, would join a growing list of premium services already available via Amazon, including on-demand video and ebooks. The music service will reportedly limit the number of songs consumers can stream. Per BuzzFeed, it will feature only tracks and albums that are at least six months old. Other services, including Spotify, Beats and Rdio, promote a broader library of content. Streaming music is hot, with Spotify recently hitting 10 million subscribers and Apple yesterday announcing the purchase of Beats Electronics for $3 billion, its biggest acquisition to date. Analysts chalked up the hefty price tag in part to opportunities for Apple to ramp up its music-streaming services. Not all are bullish on Apple's purchase of Beats. "It’s true that Apple has a lot of cash to spend on acquisitions, but this is not a good way to spend it," Karsten Weide, 
program vp of digital media and entertainment at IDC. "This is a lot of money for a streaming service that has barely 250,000 subscribers. This is a lot of money for a mediocre hardware company. This is a lot of money for buying some ‘cool’ when Apple should be able to create its own." Continue reading at 'AdWeek'

[ AdWeek | 2014-05-30 00:00:00 UTC ]

Other news stories related to: "Amazon Reportedly Will Launch Music-Streaming Service This Summer"


Top 10 benefits of Amazon Prime: Free shipping is just the start

Amazon Prime built its popularity by offering subscribers faster free shipping, access to streaming movies and TV shows, and exclusive deals (most noticeably during the company’s Prime Day dealfest, coming again July 16 and 17). But Prime membership includes other perks, too: Everything... Continue reading at PC World

[ PC World | 2024-07-01 13:28:52 UTC ]
More news stories like this


Publishing Industry Sales Rose by $3 Billion in 2021

Final sales numbers for 2021 from the Association of American Publishers show a 12.3% increase in industry sales, with total sales hitting $29.33 billion, up from $26.1 billion in 2020. Easing of the pandemic in 2021 had a significant impact on industry results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-16 04:00:00 UTC ]
More news stories like this


9 benefits of an Amazon Prime membership

Amazon Prime built its popularity by offering subscribers faster free shipping, access to streaming movies and TV shows, and exclusive deals (most noticeably during the company’s annual Prime Day dealfest). But Prime membership includes other perks, too: Everything from free ebook offerings to... Continue reading at PC World

[ PC World | 2022-06-19 11:00:00 UTC ]
More news stories like this


OnlyFans’ policy switch is the latest victory in Big Banking’s war on sex

OnlyFans, the platform that allows creators to sell material directly to customers, will soon implement new restrictions on the publication of adult content. Starting in October, the company will ban the sale of sexually explicit content and depictions of sexual acts. The move does not cover all... Continue reading at Engadget

[ Engadget | 2021-08-20 17:40:41 UTC ]
More news stories like this


Amazon opens way for apps on Fire TV to sell ads with The Trade Desk, Dataxu

Amazon has struck a deal with The Trade Desk and Dataxu, two sources of online advertising, to deliver commercials to Fire TV. On Friday, Amazon announced the new arrangement developed for media companies that stream video on Fire TV. The video publishers can now set up what are known as... Continue reading at Advertising Age

[ Advertising Age | 2019-07-27 00:05:42 UTC ]
More news stories like this


Beats names new CMO

As it strengthens its in-house team, Beats by Dr. Dre has tapped a new top marketer. Chris Thorne, a veteran with stints at the Honest Co. and health care company Forward, joined the Apple-owned brand as chief marketing officer on Monday. Beats President Luke Wood noted in a statement that... Continue reading at Advertising Age

[ Advertising Age | 2019-06-24 19:50:13 UTC ]
More news stories like this


Look out, Apple and Spotify: TikTok’s owner is getting into the streaming music biz

ByteDance is looking to target territories where traditionally paid streaming music services haven’t caught on. Unless you’ve been living under a rock, or don’t have or know a teenager, you’re probably aware that the hottest social media app on the planet right now is TikTok. Well, now the app’s... Continue reading at Fast Company

[ Fast Company | 2019-05-21 06:07:11 UTC ]
More news stories like this


Facebook anticipates federal privacy fine of up to $5 billion, sets aside $3 billion for payment

Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users' privacy. The company set aside $3 billion in its quarterly earnings reportWednesday as a contingency against the possible penalty but... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-25 02:15:00 UTC ]
More news stories like this


Radio gets a second act with programmatic audio

Radio audiences have declined, but audio is as popular as ever. Streaming music alone generated $2 billion in revenue last year, proving that there’s still demand for sound and opportunity for audio publishers. Programmatic audio is changing the way audio publishers generate revenue. Sponsored... Continue reading at Digiday

[ Digiday | 2016-08-11 00:00:00 UTC ]
More news stories like this


How Snapchat Plans to Compete With Facebook for Advertisers' Dollars

In an alternate universe, Snapchat would have become a part of Facebook when the social network reportedly tried to buy the mobile app for $3 billion in 2013. Instead Snapchat has set its sights on recreating Facebook's success, and its employees have been discussing with people outside the... Continue reading at Advertising Age

[ Advertising Age | 2016-01-13 00:00:00 UTC ]
More news stories like this


Amazon Reportedly Will Launch Music-Streaming Service This Summer

Amazon will launch a music-streaming service under its Prime membership plan, BuzzFeed reported Thursday. According to the news site, the e-commerce giant has inked deals with two out of the three major music labels, Warner Music Group and Sony Music Entertainment. The service, slated for June... Continue reading at AdWeek

[ AdWeek | 2014-05-30 00:00:00 UTC ]
More news stories like this


Paper Consortium to Sell Cars.com for $3B

A group of newspaper publishers, including Gannett, McClatchy, Tribune and others, has put the Cars.com online marketplace up for sale for as much as $3 billion, according to a report in The Wall Street Journal. Moelis & Co., which is advisin ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-03-10 00:00:00 UTC ]
More news stories like this


The B-to-B Benefits of Pursuing Mobile Ad Sales

When the Interactive Advertising Bureau (IAB) released its “IAB Internet Advertising Report” in October 2013, one thing was clear: While digital remained strong, it was mobile that was quickly becoming a powerhouse. According to the report, in the first half of 2013, total mobile revenues surged... Continue reading at Folio Magazine

[ Folio Magazine | 2013-11-01 00:00:00 UTC ]
More news stories like this


Scribd in deal with HarperCollins for subscription book service

SAN FRANCISCO -- There is Netflix for online videos and Pandora and Spotify for streaming music by subscription.     Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-10-01 00:00:00 UTC ]
More news stories like this