Pandora

Amazon.com Is The Largest Music Streaming Company

Amazon-Prime-Screenshot
Image courtesy Amazon.com

 

Amazon turned on Music Streaming for Prime members and instantly became the top company for music streaming. That’s right, Amazon has more paying subscribers than any other music streaming service including Spotify and Pandora. Amazon Prime subscribers have access to streaming video and free 2-day shipping on a plethora of items on Amazon.com for $99 per year. With the push of a button they also received a free streaming music collection including most songs released 6 or more months ago.

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Spotify

Report: Record Labels Pushing For Sale Of Spotify

Spotify

Digital Music News reporter, Paul Resnikoff, is making some claims based on information from sources inside and outside the music industry that point to Spotify being sold. According to his article, the music industry, Warner Music Group, Sony Music Entertainment, and Universal Music Group. Have a 20% stake in Spotify which they took as a form of payment rather than licensing fees. It’s these groups that are seeking to push the sale of Spotify, which they estimate to be valued at $10 billion. With Apple buying Beats streaming service it sounds as if the industry moguls think a sale of Spotify could get them a big payday and they could still license music to whomever they sell it off to.

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Spotify