The corporate might be working with massive music rights holders to create a high-fidelity music streaming platform, Music Enterprise Worldwide reported Thursday, citing “a number of high-placed music business sources.”Ã‚Â Such a transfer would assist Alexa, Amazon’s voice assistant, higher compete with firms like Tidal, Deezer, Spotify and Apple Music.Ã‚Â
Amazon wasn’t instantly obtainable for remark.
MWB’s sources mentioned Amazon’s high-def service would price about $15 per 30 days and launch earlier than the top of the 12 months. The value could be cheaper than Tidal’s and Deezer’s subscriptions, which price $20 per 30 days. Spotify and Apple haven’t got high-definition streaming choices.
“It is a greater bit charge, higher than CD high quality,” an unnamed supply informed MWB. “Amazon is engaged on it as we communicate: they’re presently scoping out how a lot catalog they will get from everybody and the way they’re going to ingest it.”
Initially revealed April 26 at 10:58 a.m. PT.
Replace, at 11:09 a.m. PT: Added extra particulars.