Amazon is reportedly gearing up to launch a premium music streaming service. Music Business World deduced that Amazon’s meetings with music rights holders are signaling a forthcoming high-resolution streaming platform that boasts higher bit rates than CD quality tracks.

Tidal, whose selling point is also its hi-res sound quality, goes for $19.99 per month. In efforts to one-up their competition, Amazon will reportedly charge $15 per month. A source in these reports had this to say: “Amazon is working on it as we speak: they’re currently scoping out how much catalog they can get from everyone and how they’ll ingest it.”

tagged in Amazon, TIDAL