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Amazon.com Inc on Tuesday lowered the price of its paid music service to 99 cents per month from $4.99 for students with a Prime subscription.

New and current student members can now subscribe to Amazon Music Unlimited, its premium subscription tier, providing them access to more than 50 million songs, the e-commerce giant said in a statement.

Amazon’s Prime Student membership is available at $6.49 per month, a 50-per-cent discount to regular price and includes free two-day shipping of online orders along with access to its video streaming platform Prime Video.

Similar plans from Apple Inc’s music streaming service and rival Spotify offer student subscriptions at $4.99 per month, 50 per cent lower than their regular prices.

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Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 18/04/24 6:55pm EDT.

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Amazon.com Inc
-1.14%179.22

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