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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
TechAmazon

Amazon Music Unlimited Just Launched in the U.K.

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Michal Addady
Michal Addady
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Michal Addady
Michal Addady
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November 14, 2016, 11:09 AM ET
Amazon Music And Spotify
BERLIN, GERMANY - JANUARY 21: The Logo of streeming services Amazon Music and Spotify is displayed on the screen of a smartphone on January 21, 2016 in Berlin, Germany. (Photo by Thomas Trutschel/Photothek via Getty Images)Photo by Thomas Trutschel—Photothek via Getty Images
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About a month after its U.S. launch, Amazon (AMZN) has released its on-demand music streaming service overseas.

Amazon Music Unlimited made its U.K. debut on Monday, Business Insider reports. With its catalogue of 40 million songs, the new service is trying to compete with music streaming market leaders Spotify and Apple (AAPL) Music. While people in the U.S. pay $9.99 per month for a standalone subscription to Amazon Music Unlimited, U.K. customers will pay slightly more with a price tag of £9.99 per month, or about $12.50, Business Insider reports.

However, Amazon Prime members can save some money on the music streaming service, paying £7.99 per month in addition to their £79 annual membership fee. It’s even cheaper if you have an Amazon Echo, priced at just £3.99 per month. While Echo users would only be able to access music on one designated speaker, it does come with a few extra features. As Amazon CEO Jeff Bezos explained in a statement, “If you don’t know the name of a song but know a few lyrics, if you want to hear songs from a specific decade, or even if you’re looking for music to match your mood, just ask.”

 

Amazon’s Prime package already includes a catalogue of 2 million songs, so it would have to convince customers to pay the extra £7.99 each month. But, as Kantar Worldpanel analyst Andy Saxton told Business Insider, the company does have the advantage of offering a variety of digital services, making Amazon Music Unlimited more appealing to people who may want to streamline their digital experiences. Saxton added that 13% of Amazon’s music shoppers are already Spotify members, so it’s possible Amazon could poach customers from the rival streaming service.

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Amazon could not immediately be reached for comment.

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