Wednesday, August 26, 2020

Futuresource pinpoints five obstacles for hi-res audio adoption | Music Ally

From Amazon Music HD to MQA and its various partnerships, there is plenty of activity going on around ‘hi-res’ music. Still, it’s fair to say the technology isn’t quite mainstream yet.

Research firm Futuresource has some ideas about what the remaining obstacles are, which it has outlined in an article.

A limited content library is the first: “The current size of the High-Res music catalogue is under 3 million songs on most High-Res streaming services as opposed to over 60 million on mainstream streaming platforms,” it claims.

The article also pinpoints limited support from ‘mainstream’ streaming services: Spotify and Apple Music specifically, although third-placed Amazon is very much in this space.

The most controversial point might be Futuresource’s claim that even at the fast-standardising price of $14.99 a month, hi-res streaming subscriptions are still “too expensive for most consumers, especially considering the limited size of the High-Res catalogue currently available”.

Stuart Dredge


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