Amazon is preparing to launch streaming music service

Amazon is preparing to launch streaming music service

An "Amazon Fresh" delivery truck is seen parked in Brooklyn, New York, August 28, 2015. REUTERS/Brendan McDermid/Files

Amazon.com Inc is preparing to launch a standalone music streaming subscription service, placing it squarely in competition with rival offerings from Apple Inc and Spotify, according to two people with knowledge of the matter.

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