Technology
Spotify stock falls after Amazon adds podcasts to its music streaming service – CNBC
Amazon Music will feature a range of original and curated podcasts.
Spotify shares dropped more than 6% on Wednesday after Amazon announced that it’s adding podcasts to its music streaming service.
Users in the U.S., U.K., Germany and Japan will be able to stream podcasts for free across all tiers of Amazon Music, the company said. Amazon Music offers users a range of paid and free, ad-supported options to access the service. Amazon Prime customers also get access to more than 2 million songs ad-free as part of their $119-per-year membership.
Amazon is launch…
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