Amazon already has two streaming music products Amazon Music (a limited library available to all major users) and Music Unlimited (a larger broadcast library for $ 7.99 / month). A new report says the company is working on an additional service to compete directly with Tidal.

Music Business Worldwide reports that Amazon is "currently in discussion with various major music rights holders" about a high fidelity music streaming service. The price is expected to be around $ 15 / month and is scheduled for launch this year. For reference, Tidal's Hi-Fi subscription costs $ 19.99 / month.

One source told the site, "It's better bitrate, better than the quality of the CD." Amazon is currently working on it, and they're figuring out how many catalogs they can get from everyone and how they're going to eat them. . "

If we believe the report, Amazon will have four streaming music service levels a free basic option on Alexa speakers, Amazon Music, Amazon Music Unlimited and a high fidelity service. It's a lot to follow.