Amazon Negotiating Music Service With Labels

Multiple reports emerged this week indicating that while Amazon is making progress on an upcoming music service, the company's negotiations with record labels have not been going well. Sources have indicated that Amazon may be offering the labels license rates that are well under the average – and are suggesting a model in which they offer a "fixed pool of money that would be divided among labels based on music streams played by users". Read the full report on Amazon's negotiations with music labels and their upcoming streaming service here.