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Amazon to announce a standalone music streaming service

Engadget Engadget 10/06/2016 Andrew Tarantola
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CNBC is reporting that Amazon plans to launch a free-standing streaming music service, according to sources within the company. The as-of-yet unnamed service will reportedly launch in the late summer or fall, after the company finalizes its licensing agreements, and should cost $10 a month.

This move follows the company's similar spinoff of Prime Video, which is available for $11 a month, and appears to be an effort by Amazon to diversify its subscription structure beyond Prime's single annual fee. What's more, this service will exist separately from Amazon's current Prime music catalog and is expected to be tightly marketed alongside the company's Echo speaker.

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