amazon 10milStreaming music services are a dime a dozen these days, although admittedly getting into the space can be quite tricky especially if you’re a small company trying to negotiate deals with the major labels and publishers. However if you’re a big name like Apple, Google, or Amazon, then it should not be too hard.

According to previous rumors, Amazon is supposedly working on a music streaming service of their own and based on a new report by the New York Times, that service could be debuted as soon as this week. Given that we’re almost towards the end of Wednesday, this leaves us either with Thursday or Friday for Amazon to launch the service, if they launch it at all.

However this service is said to be a limited service in the sense that it will only be for Amazon Prime members, and its rollout is said to be ahead of Amazon’s event next week on the 18th of June. Amazon is rumored to unveil their own smartphone at that time, so there is a chance that the music streaming service could be one of the phone’s features as well.

The New York Times reports that Amazon was only successful in negotiating with two out of the three major labels – Sony and Warner Music, but were unable to come to an agreement with Universal. This means that in terms of a music catalog, services like Spotify, Rhapsody, and Beats Music could have them beat, although Amazon’s size and the number of customers they have access to could balance things out, or even give them an advantage.

In any case take it with a grain of salt for now, but check back with us later in the week to see if there are any announcements that we might be able to share with you guys.

Filed in Audio >Rumors . Tags: Amazon.
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