Composing : from Variety today... just sharing if this is something our members/musicians/composers would be interested in reading... more from Variety. by Sylvia Marie Llewellyn

Sylvia Marie Llewellyn

from Variety today... just sharing if this is something our members/musicians/composers would be interested in reading... more from Variety.

Amazon to Launch Paid Streaming Music Service this Summer: Report Amazon is looking to launch a standalone streaming music service this summer to more directly compete with Spotify and Apple Music, according to a Reuters report. The service will cost $9.99 a month, and offer on-demand access to full albums from a catalog similar to that offered by its competitors. Amazon didn’t respond to a request for comment by Variety. The e-commerce giant is currently running Prime Music, a streaming service that is offered free of charge to Amazon Prime subscribers. Prime Music offers access to some albums, but much of its catalog consists of older releases, and the overall size of its catalog is much smaller than that of its rivals. It’s still unclear when exactly Amazon’s standalone service is going to launch, as the company apparently still has to finalize its deals with record labels. However, Amazon is reportedly targeting late summer or fall for a launch. One of the main reasons for Amazon to invest in such a service is likely the surprise success of its Echo loudspeaker. Amazon hasn’t released any sales numbers for the Echo yet, but analysts estimate that the company may have sold as many as three million units of the device. The Echo currently taps into Amazon’s Prime Music service, and also connects to Spotify for a more premium music playback experience. Launching a paid music service would not only allow Amazon to keep some of those subscription dollars paid by Echo users, but also better defend itself against future Echo competitors: Google, which is running a paid music service of its own, announced a smart loudspeaker dubbed Google Home last month. Amazon is entering the paid digital music space at a time of both growing excitement for subscription services as well as consolidation. Apple Music has proven to be a hit for Apple, which was able to gather more than 13 million paying subscribers since its launch a little less than a year ago. Spotify has also seen continued growth, and now has over 30 million paying subscribers worldwide. But growth itself doesn’t always translate into healthy financials. Case in point: Streaming music pioneer Rhapsody, which just recently had been boasting about accelerated growth, confirmed layoffs Friday, with a spokesperson telling Variety: “As part of our plan to better position Rhapsody/Napster for long-term profitability and accelerated growth in a competitive global market, we have a new, streamlined structure for the company that unfortunately impacts a number of positions across our global offices.”

Joel Irwin

Good for them. The question is it good for songwriter, composer and other copyright holders. The per play payments for spotify and pandora are pitiful. Does Amazon want to compete by paying us more than its competition? I would love to see someone compare the numbers for all three.

Sylvia Marie Llewellyn

Honestly Joel... I have no idea how this all works... just posted for songwriters/ musicians/composers/producers to read part of this article put out by Variety today... I write screenplays... know nothing of that world...just wanted to share. Hope it all works out for all concerned.

Joel Irwin

and we all appreciate you doing that. as you may 'suspect' these articles are written for a general entertainment industry consumer - that's their 'target demongraphic'. The music industry (such as the Recording Academy - the Grammy people; and the royalty organizations such as ASCAP, BMI, and SESAC) has long been trying to work with congress to create laws more favorable to composers, songwriters, publishers, and the like. Streaming Internet audio is still in the music industry groups views undervaluing and underpaying the 'content creators'.

Sylvia Marie Llewellyn

As they should... I watched a documentary about Sugarman a couple of years ago... those people/producers... never compensated him... he didn't even know what a huge success he was in South Africa... despicable.

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