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BREAKING NEWS

Amazon Music cuts monthly price to 99 cents for students with Prime subscription

Amazon Music cuts monthly price to 99 cents for students with Prime subscription
A banner displaying the Amazon Prime Music logo is seen in Mumbai, India, February 28, 2018. REUTERS/Francis Mascarenhas -
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FRANCIS MASCARENHAS(Reuters)
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(Reuters) – Amazon.com Inc <AMZN.O> on Tuesday lowered the price of its paid music service to 99 cents (£0.81) per month from $4.99 for students with a Prime subscription.

New and current student members can now subscribe to Amazon Music Unlimited, its premium subscription tier, providing them access to more than 50 million songs, the e-commerce giant said in a statement.

Amazon’s Prime Student membership is available at $6.49 per month, a 50% discount to regular price and includes free two-day shipping of online orders along with access to its video streaming platform Prime Video.

Similar plans from Apple Inc’s <AAPL.O> music streaming service and rival Spotify <SPOT.N> offer student subscriptions at $4.99 per month, 50% lower than their regular prices.

(Reporting by Ayanti Bera in Bengaluru; Editing by Shailesh Kuber)

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