Monday, April 15, 2019

Spotify [SPOT] Stock Drops On Threat From Amazon Music | hypebot

Spotify New $Spotify stock was down almost 5% mid-day on Monday after news that Amazon was close to launching a free ad-supported music service. With the exception of Pandora's radio-like free offering, no other major streamer offers a free music service.  Details and analysis here.

Amazon To Launch Free Ad-Supported Music Service To Take On Spotify, Pandora

[from http://bit.ly/1n4oGj7]

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