Amazon’s Plan to Infiltrate Homes This Holiday: Music Via Echo
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The Amazon 'Echo Dot' device.
Photographer: Luke MacGregor/BloombergThis article is for subscribers only.
The race is on to get more consumers hooked on Amazon ahead of the holidays, and music is the latest lure.
Amazon.com Inc. is working on a stand-alone music-streaming service and will release more details in the coming weeks, according to a person with knowledge of the matter. With a price tag reported to be about $5 a month, the new service would be cheaper than competing streaming deals from the likes of Spotify and Apple Music, meaning Amazon will probably lose money on the monthly fee for the service.