SUMMARY
The Deal With Zee Music Adds Over 450 Film Soundtracks To Amazon Prime Music’s Existing Catalogue
Ecommerce major Amazon has inked a content deal with Zee Music Company for its upcoming music streaming service, Amazon Prime Music. The deal will add over 450 film soundtracks in Hindi and regional languages alongside 250 independent artist-created content to Amazon Prime Music’s existing catalogue of Indian and international songs. Financial terms of the deal remain undisclosed.
Sahas Malhotra, Director, Amazon Music India, stated, “We are thrilled to partner with Zee Music to strengthen Amazon Prime Music’s catalogue for our customers. At launch, Amazon Prime Music customers can enjoy listening to all the hits and forthcoming releases from Zee Music’s catalogue ad-free, at no additional cost for our Prime members.”
The Amazon Prime Music service is yet to launch in India as a Prime benefit at no additional cost. Meanwhile, it is already available to Echo users in India.
A Quick Look At Amazon Prime In India
Amazon had launched its Prime membership programme in India in July 2016. In December 2016, it brought its Prime Video service in India. The Prime Video is an additional offering for Amazon’s Prime subscribers, including existing ones and allows users exclusive access to movies, Amazon’s original series as well as premium content from across the globe.
In April this year, it also launched its video streaming device, Amazon Fire TV Stick, to rival Google Chromecast. Most recently, in October, the company’s AI enabled virtual assistant Alexa-powered wireless voice-controlled speaker, Echo, entered the Indian market amidst much pomp and show. The ecommerce player is also looking to bring its audiobook and entertainment service, Audible in the country this year.
By bringing Amazon Prime Music in the country, Amazon will further look to bolster the reach of its popular membership programme, Amazon Prime which has grown to encompass over 11 Mn Prime eligible products across categories in India this year, compared to the 2 Mn products it offered in 2016. The programme also saw customers from over 350 cities across the country signing up in 2017.
Anurag Bedi, Business Head, Zee Music Company added, “Music streaming has become a large and popular way of listening to music in India and we are excited about bringing a wide selection of songs from our label on Amazon Prime Music that will reach out to an already existing, and fast-growing base of Prime members in India. We believe the digital experience would take our music to the next level of the popularity in India.”
As far as music streaming in India is concerned, Amazon Prime Music will compete with Times Internet’s Gaana, Saavn, Apple Music, Hungama, Airtel’s Wynk, BookmyShow, JukeBox among others. While Gaana leads the market with over 50 Mn monthly users, a milestone it crossed last November, Saavn recently roped in two new global investors, New York-based Senvest Management LLC and Los Angeles’ global entertainment company Endeavor to empower its global reach.
Though Amazon Prime Music is likely to find ready takers almost immediately after its launch as its bundled with Amazon Prime benefits like online video, free deliveries, Prime shopping deals and so on, how quickly post this deal with Zee Music it can scale to rival the popularity of incumbents Gaana and Saavn will be something to watch out for.
[The development was reported by ET]
