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