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Amazon Music launched without obtaining any new music streaming licenses, which upset the major record labels. [4] Amazon eventually negotiated licenses before launching scan-and-match. Google launched their service less than a month and a half after Amazon, also without obtaining any new licenses. [ 5 ]
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In December 2001, Rhapsody was launched by the startup Listen.com, becoming the first service to offer subscription-based streaming access to a library of music online. [16] Initially limited to content from independent labels such as Naxos, it later reached agreements to stream music from the "big five" major labels. [17]
Amazon Local was a daily deal service launched in June 2011 in Boise, Idaho. [109] As of 2013, Amazon Local offers daily deals to over 100 regions in 36 U.S. states. Amazon Local also acts as a deal aggregator; some of the deals are actually offered through LivingSocial, a firm in which Amazon has heavily invested. [110]
Recorded music streaming revenue decreased 3.7% (or 2.3% in constant currency); however, excluding the impact of the BMG termination of $16 million (the same in constant currency) and the digital ...