Despite earlier attempts to bring streaming music to the masses, Spotify really nailed the concept when it launched in 2008. Now its the service every company in the business of selling music is trying to copy, including Amazon.
The Verge reports that Amazon is currently in talks with record labels on setting up its own subscription-based music service. If successful, Amazon could prove a formidable rival to incumbents like Spotify as it really has an established business in selling physical and digital music.
Of course, it probably will be a while before we see anything from this. Those privy to the meetings say that Amazon and the record labels are now just beginning to talk, and that said talks are “very informal” at this point in time.