Amazon reportedly preparing hi-res music streaming tier

May 1, 2019 Comments Off on Amazon reportedly preparing hi-res music streaming tier

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“Amazon is preparing to launch a hi-res tier later this year, according to Music Business Worldwide, who has allegedly heard ‘whispers’ from several music industry sources regarding the upcoming launch of a high-fidelity platform. The report continues to say that at least one major record company has already agreed to license it.

The new Amazon tier would reportedly offer above-CD-quality streaming at $15/month, sitting above Amazon Music Unlimited’s current $9.99/per month tier, which, like Spotify, offers streams under 16-bit CD quality.

The new hi-res option would directly compete with – and, price-wise, undercut – Tidal and Qobuz, who both offer hi-res, 24-bit streaming services for £19.99/month and £24.99/month respectively.”

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