There are several music streaming services out there, but not all of them offer high-fidelity streaming for folks that care about higher quality audio. Tidal is one of the services that does offer a HiFi tier, and soon Amazon might have one, too.
Amazon is working on a high-fidelity music streaming service. Some "high-placed music industry sources" tell Music Business Worldwide that Amazon is in talks with multiple music rights holders, with one major record company already having signed on. The service will reportedly launch before the end of 2019.
Pricing is expected to be around $15 per month. That's notable because Tidal charges $19.99 per month for its HiFi subscription tier, so Amazon could undercut Tidal with its own high-quality offering.
The quality of music that Amazon will offer isn't known, but one tipster described it as being "better than CD quality." To compare, Tidal's HiFi service streams CD-quality lossless audio at 44.1 kHz/16 bit, as well as a Masters quality setting that offers albums at 96 kHz/24 bit.
A high-fidelity music streaming service could be an interesting offering from Amazon. Not only could it attract users with a lower-priced subscription than Tidal, but it could also entice some people to upgrade to Amazon's higher-end Echo speakers. While the Echo Dot and Echo aren't exactly known as high-quality speakers, Amazon does sell the Echo Plus and Echo Sub that could be an option for folks who want to stream high-quality audio in their home.
Does a high-fidelity music streaming service interest you?