, has pushed Spotify to announce a Hi-Fi tier as well, with rumors of an Apple Music Hi-Fi plan possibly also priced at $9.99 a month.
For years, the music industry was focused on using high-fidelity audio streaming as a means to raise the average revenue per user with higher-priced subscriptions. That would mean bigger payouts for rights holders and the streaming services. But with Amazon, Spotify, and Apple all getting in on the high-fidelity push, the labels have become more amenable to lowering the price of high-fidelity tiers in the hopes of increasing the overall number of subscribers across the industry.
“The other services are coming around to the fact that this is really important.” Boom says. “And that momentum in the marketplace just changed the nature of the conversations about how this content should be made accessible to everybody and how it should be licensed.” Boom continues, “The labels have been extremely supportive of us in our efforts to trailblaze with HD audio. This is going to create more growth in the marketplace. And we're putting the focus on the quality of the sound as opposed to just the revenue.”
Amazon Music HD has more than 70 million lossless CD-quality songs in HD and over 7 million “Ultra HD” songs , which are effectively studio masters. Subscribers to Amazon Music Unlimited in the U.S., U.K., Canada, France, Germany, Italy, and Spain will be able to upgrade to Amazon Music HD on both individual and family plans for free . Current Amazon Music HD subscribers will now be charged $5 less a month on their future billing cycles.