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Amazon has “tens of millions” of paying music customers, as smart speakers drive subscription growth

Things are looking good for Amazon’s musical efforts these days. Amazon is amassing a growing music audience that now numbers “tens of millions” of paying customers, while its Amazon Music Unlimited program has more than doubled its subscriber count in the past six months. The success of smart speakers and a growing number of Prime membership subscribers have been the main factors in Amazon’s music audience expansion, according to a top exec. Continue Reading

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Amazon Prime Music will have Warner catalog when it launches in India

Amazon is continuing to mobilize for an expansion into India. The latest development is Amazon Prime Music extending its deal with Warner Music Group to offer the label’s catalog to listeners in that market. According to The Economic Times, this marks the sixth deal to expand the Prime Music library that will be available in India. Continue Reading

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Cowen: Spotify leads a streaming industry on the rise, but watch out for Prime Music

New research from Cowen explores the current state of the streaming music industry and gave forecasts for its future. Spotify and Amazon emerged as two of the top brands to watch. The data predicted a compound annual growth rate of 4% for the 2016-2021 period, with on-demand music services expected to double revenue and secure a 40% share of the industry by 2021. Continue Reading

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Amazon unveils standalone Prime Video subscription

Amazon announced new month-by-month options for how its users can access Prime membership perks and its streaming video features. The entire Prime service can still be bought as an annual subscription for $99, but now is also available for $10.99 a month. That alone is a marked shift in Amazon’s model, but it has also made the Prime Video streaming service available as a standalone for $8.99 a month. Continue Reading

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Rumor Fact(ory): Will Amazon’s Prime Music become a standalone streaming service?

The New York Post is reporting that Amazon may have a vision for Prime Music far beyond the casual listenership it has attracted so far. The Post’s Claire Atkinson cited sources who said Amazon has hosted meetings about licensing music to create an on-demand music service. It is possible, likely in fact, that Amazon does have a grander plan for its music platform. But what exactly will they be? Continue Reading

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Amazon posts big holiday numbers for Prime (including Music)

The holiday shopping period is usually a gold rush for retailers, and Amazon is no different. The company issued a press release with some key points from its December performance, and it revealed not just powerhouse results from the shipping and retail departments, but a surprisingly strong outcome for Prime Music as well. Continue Reading