Amazon Buys Music Service Amie Street - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Infrastructure // PC & Servers

Amazon Buys Music Service Amie Street

The site, popular among aspiring artists, used a pricing model that combined social networking with music sales.

Mobile Football Madness: Best Apps For The Gridiron
(click image for larger view)
Mobile Football Madness: Best Apps For The Gridiron has acquired Amie Street, an online music service popular with aspiring artists trying to promote their works.

Amie Street announced the purchase Wednesday in an e-mail to users, but did not disclose financial terms. was unavailable for comment.

Amie Street said the site and its services would no longer be available as of Sept. 22 and users were advised to spend all account balances before the site was shut down. Users earned credit toward the purchase of music, based on the popularity of the songs they recommended. invested in Amie Street about three years ago, but terms of the deal were never disclosed.

The site used an unusual pricing model that combined social networking with music sales. Songs started free and rose in price as more people downloaded and bought the music, up to a maximum of 98 cents. The site only garnered limited support from record labels, but was popular among lesser-known musicians, who used it as a promotional tool.

Elias Roman, chief executive and co-founder of Amie Street, told InformationWeek that the site was sold so he and his team could focus on an another startup music site, Songza, which is currently in beta. The site streams custom Internet radio stations based on playlists created by users and their friends.

Roman said the business of selling music on the web was too difficult for small companies, given the big players in the space, such as Apple, Amazon, and Wal-Mart. "The streaming space is more wide open and we thought as a startup, we could reach scale there," Roman said.

Starting Sept. 22, traffic heading to Amie Street will be redirected to a landing page welcoming the visitors to's music store, Roman said. will offer Amie Street users a $5 credit to buy music on the site. bought Amie Street's trademark and domain name, but not the business. Therefore, the retailer is not expected to incorporate Amie Street's business model has made other quirky acquisitions. In July, the online retailer bought Woot, which sells one item a day at a discount. Founded in 2004, the site started as an employee store and market-testing site for electronics. It has since grown into several sister sites that also sell single discounted items each day. The sites include kids.woot, shirt.woot, sellout.woot, and wine.woot.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Top 10 Data and Analytics Trends for 2021
Jessica Davis, Senior Editor, Enterprise Apps,  11/13/2020
Where Cloud Spending Might Grow in 2021 and Post-Pandemic
Joao-Pierre S. Ruth, Senior Writer,  11/19/2020
The Ever-Expanding List of C-Level Technology Positions
Cynthia Harvey, Freelance Journalist, InformationWeek,  11/10/2020
White Papers
Register for InformationWeek Newsletters
Current Issue
Why Chatbots Are So Popular Right Now
In this IT Trend Report, you will learn more about why chatbots are gaining traction within businesses, particularly while a pandemic is impacting the world.
Flash Poll