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# Spotify [SPOT] Stock Drops On Threat From Amazon Music [UPDATED]
- URL: https://www.hypebot.com/spotify-spot-stock-drops-on-threat-from-amazon-music/
- Published: 2019-04-15T17:20:00.000Z
- Updated: 2019-04-15T17:20:00.000Z
- Description: UPDATE: Spotify stock closed down 4.42% Monday on news that Amazon was close to launching a free ad-supported music service. With the exception of Pandora's radio-like free offering, no other. Continue reading [https://www.hypebot.com/hypebot/2019/04/spotify-spot-stock-drops-on-threat-from-amazon-mu
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Startups & Funding, Streaming, Amazon, Spotify, stock, #wp, #wp-post, #Import 2026-01-21 10:00

[![Spotify New $](https://hypebot.typepad.com/.a/6a00d83451b36c69e20240a4534a2f200c-pi "Spotify New $")](https://hypebot.typepad.com/.a/6a00d83451b36c69e20240a47c7f01200d-popup?ref=hypebot.com)UPDATE: Spotify stock closed down 4.42% Monday on news that Amazon was close to launching a [free ad-supported music service](https://www.hypebot.com/amazon-to-launch-free-ad-supported-music-streamer-report/). With the exception of Pandora's radio-like free offering, no other major streamer offers a free music service. Details and analysis [here](https://www.hypebot.com/amazon-to-launch-free-ad-supported-music-streamer-report/). 

## [Amazon To Launch Free Ad-Supported Music Service ](https://www.hypebot.com/amazon-to-launch-free-ad-supported-music-streamer-report/)[To Take On Spotify, Pandora](https://www.hypebot.com/amazon-to-launch-free-ad-supported-music-streamer-report/)