New Delhi: Amazon is increasing the price of its music streaming service globally and prime customers of the service will have to pay more from May 5. The Amazon Music single-device plan will cost $3.99 to $4.99 per month and change to the Unlimited Personal plan. $7.99 to $8.99 per month, or $79 to $89 per year, the company announced.
If you’re not a Prime member, Amazon Music Unlimited’s price remains unchanged at $9.99.
“You will start seeing the new price and applicable taxes on your first bill after that date (May 5).
Amazon Prime members will continue to pay a reduced price for the Amazon Music Unlimited individual plan.
Those who are on promotion period will continue to get the concessional rate for the rest of their promotion period.
Once that period expires, the original subscription price plus applicable taxes for one billing cycle will apply.
According to Media Research, Amazon Music and Tencent Music rank third globally with 13 percent market share, behind Spotify with 31 percent market share and Apple Music with 15 percent.
Amazon’s regular Prime Music subscription offers just two million songs, compared to 90 million with the Unlimited plan. Read also: SEBI made a big announcement, increased the bid limit for IPO through UPI
The price hike comes after the company raised Prime subscription prices for the first time in four years — from $119 to $139 annually or $12.99 to $14.99 monthly. Read also: Apple hikes prices of popular products in India; Gadgets costlier up to Rs 6,200
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