According to Billboard, Amazon will offer a new service that will help users listen to music and include the company’s voice command, Alexa.
Amazon is reported to have its ad-supported music service which will be one of the competitors of Spotify. The upcoming music service will have a limited catalog and songs. Amazon is suggested to start paying some record labels per stream, based on how much the company’s advertising sells. The music service is free for all members.
Billboard added in a report, “The move underscores Amazon’s growing power in the music market, as a distributor that can afford to discount music as a loss-leader to support its core retail business. That’s a luxury Spotify doesn’t have, as its shareholders pressure the music-focused public company to turn a profit.”
The next music service of Amazon is expected to launch this week. The company has not yet given more information about the ad-supported music service.
