Advertisement
Canada markets open in 1 hour 55 minutes

  • S&P/TSX

    21,656.05
    +13.18 (+0.06%)
     

  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     

  • DOW

    37,753.31
    -45.66 (-0.12%)
     

  • CAD/USD

    0.7269
    +0.0005 (+0.07%)
     

  • CRUDE OIL

    81.95
    -0.74 (-0.89%)
     

  • Bitcoin CAD

    86,450.02
    -343.30 (-0.40%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • GOLD FUTURES

    2,394.80
    +6.40 (+0.27%)
     

  • RUSSELL 2000

    1,947.95
    -19.53 (-0.99%)
     

  • 10-Yr Bond

    4.5850
    0.0000 (0.00%)
     

  • NASDAQ futures

    17,710.50
    +52.00 (+0.29%)
     

  • VOLATILITY

    17.98
    -0.23 (-1.26%)
     

  • FTSE

    7,858.61
    +10.62 (+0.14%)
     

  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     

  • CAD/EUR

    0.6808
    +0.0006 (+0.09%)
     

Amazon Launches Free Music Streaming to Juice Alexa-Device Sales

Spencer Soper
Updated

(Bloomberg) -- Amazon.com Inc. is hoping an ad-supported music-streaming service will help it sell more speakers and other devices that work with its voice-activated Alexa platform.

The free service, announced Thursday, will be available to customers with Alexa devices who don’t subscribe to Amazon Prime, the loyalty program known mostly for shipping discounts. Prime members already have access to a limited music-streaming service and can purchase a more robust option for an additional fee.

The new service will feature general-interest playlists like “Pop Culture,” 80s music and country, Amazon said in a statement. It will compete with existing free services from Spotify Technology and Sirius XM-owned Pandora.

Google announced a similar service on Thursday. Owners of Google Home speakers can sign up for a free, ad-supported version of the YouTube Music streaming product. Users can request playlists and stations to stream different types of music to suit different moods and situations.

ADVERTISEMENT

To contact the reporter on this story: Spencer Soper in Seattle at ssoper@bloomberg.net

To contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Robin Ajello, Alistair Barr

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.