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Tech

Exclusive: Amazon to launch music streaming

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Tech

Exclusive: Amazon to launch music streaming

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COMING UP:Exclusive: Amazon to launch music streaming

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Transcript

00:00:02
>> The latest sign that Amazon is indeed planning on world domination, a music streaming service that will go head to head with similar services from Apple and Spotify. Sources telling Reuters exclusively that the service will cost $9.99 a month and will be a dramatic expansion of Amazon's current, much more modest music offering through Amazon Prime.
00:00:21
Reuter's San Francisco bureau chief Peter Henderson.>> The new Amazon service is going to be in the ballpark of Apple and Spotify, they've got about 30 million songs you can download and listen to or stream. The current Amazon service has only about a million, so it's much more limited, it's not intended to be everything for everybody.
00:00:44
>> People who already subscribe to Prime will not get access to that expanded library unless they pay the extra subscription fee. Amazon's goal may be bigger though. The company is hoping to drive up sales of its surprisingly popular Amazon Echo home speaker. Echo searches the internet and orders products from the retailer with voice commands.