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Stock impact report

Amazon's Next Move in Advertising: Streaming Music [The Motley Fool]

Spotify Technology S.A. Ordinary Shares (SPOT) 
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am Check Earnings Report
Company Research Source: The Motley Fool
Amazon's Next Move in Advertising: Streaming Music The e-commerce giant could debut a free, ad-supported streaming music service as early as next week. Advertising has been an area of intense interest for Amazon.com ( NASDAQ:AMZN ) over the past couple of years. What began as a way to promote products on its digital shopping site has become a fast-growing and extremely lucrative sideline, generating more than $10 billion for the company last year. That success has prompted Amazon to find other ways to grow its nascent advertising business. Reports recently emerged that the company is in talks to launch an ad-supported streaming music service, a move that should have industry leader Spotify ( NYSE:SPOT ) quaking in its digital boots. Amazon is looking to launch a free, ad-supported music service in a move that would represent the clearest threat yet to Spotify's dominance, according to a report from Billboard. The service would be geared toward Amazon's voice-activated Echo smart spe Show less Read more
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