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The future of streaming? They think it’s paid-for hi-res

January 6, 2017 by norman lebrecht

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The three major labels – Universal, Sony and Warner – think they have found a way to monetise streaming.

Together with services such as Pandora, Rhapsody/Napster and HD Tracks, they have signed on to a premium service of studio-quality hi-res audio for music streaming.

Details are scanty at present. Spotify and Apple are staying out.

 


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