LOS ANGELES�TheNew York Postis reporting that Amazon is planning �a full-blown subscription music service that would ape streaming music market leaders Spotify and Apple Music.� Amazon Vice President of Digital Music Steve Boom is leading the planning efforts for the subscription service.
The new service will �feature a much more robust music selection than is now available via (Amazon) Prime,� according to the same article.
Amazon claims to be the biggest seller of physical music in the US and the No. 2 seller of digital music; but, like its rival Apple, Amazon is seeing an industry-wide decline in the digital track download business.
The Post is reporting that Amazon is discussing a $9.99-per-month fee for this streaming service. The company is prepping for a fall launch.