Spotify has a new rival – a lossless music streaming service called Tidal

Instead of serving up compressed MP3, AAC or OGG files, Tidal streams lossless FLAC files that offer several times the bitrate of most other music services. When Tidal launches in the US and UK in the next month or so, it will boast more than 25 million lossless FLAC tracks, all encoded at 44.1kHz / 16 bit / 1411 kbps and you’ll be able to stream them over the internet as well as download them for offline listening. […] The service comes at a price, costing twice as much as rival streaming services like Spotify and Deezer. In the UK that means a subscription of ¬£19.99 per month and in the US a price of $19.99. – James Rivington,TechRadar¬†¬†
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