Comment: As Amazon readies $15/month hi-res streaming music service, Apple needs to step up

Music Business Worldwide reports that Amazon is gearing up to offer a hi-res streaming music service.

We understand that Amazon is currently in discussion with various large music rights-holders regarding the upcoming launch of a high fidelity music streaming platform – and that at least one major record company has already agreed to license it.

MBW has heard this whisper from several high-placed music industry sources, who say the price of Amazon’s new tier will likely be in the region of $15 per month. It’s expected to launch before the end of 2019 …

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https://9to5mac.com/2019/04/26/hi-res-streaming-music/