Amazon might be working on a new music service
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If you love streaming your music but hate that you can't get the sound quality of CDs, this news might just be music to your ears.
Rumor has it that Amazon is planning to add a high-definition streaming service to its music options, including Prime Music and Music Unlimited. While Amazon's existing music services compete with providers like Apple Music or Spotify, the new high-fidelity tier is expected to take on TIDAL, Music Business Worldwide reports. While TIDAL's high-quality tier costs $19.99 per month, Amazon's new service "will likely be in the region of $15 per month," MBW said.
This new offering will mean that "Amazon will have every tier of recorded music covered," said one of MBW's sources, a U.S.-based music industry insider. But it's unclear how exactly Amazon will achieve its high-quality ambitions: TIDAL partners with music technology company MQA, The Verge reports, but Amazon apparently wants to move forward without such a partnership.
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We'll all supposedly find out soon enough, according to the insider intel, as Amazon is expected to launch its service before the end of 2019. Meanwhile, if you just can't take the anticipation, learn more at Music Business Worldwide.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Shivani is the editorial assistant at TheWeek.com and has previously written for StreetEasy and Mic.com. A graduate of the physics and journalism departments at NYU, Shivani currently lives in Brooklyn and spends free time cooking, watching TV, and taking too many selfies.
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