Spotify Launches Lossless Streaming to Compete with Apple Music
TL;DR
Apple and Amazon stocks declined following Spotify's launch of its long-anticipated premium audio service, impacting investor sentiment in the tech and entertainment sectors.
- Apple (AAPL) and Amazon’s Stocks Slide as Spotify Delivers Long-Awaited Premium Audio TipRanks
- Lossless Listening Arrives on Spotify Premium With a Richer, More Detailed Listening Experience Spotify — For the Record
- Spotify Takes On Apple Music With High-Quality Audio Forbes
- Spotify adds lossless streaming after 8 years of teasing The Verge
- Spotify Introduces Higher-Fidelity Feature for Paying Customers Bloomberg
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