French streaming service Qobuz has purchased e-onkyo music, a hi-res music obtain service beforehand owned by Japanese hi-fi producer Onkyo.
Xandrie SA, Qobuz’s father or mother firm, now owns 85.1 per cent of the shares in Xandrie Japan Co Ltd (into which Onkyo transferred its property of e-onkyo music), whereas Onkyo retains 14.9 per cent. Onkyo, which lately bought its AV division to VOXX (the proprietor of Klipsch), intends to “give attention to its core enterprise” as a part of “a plan to restructure its actions”.
Qobuz already presents each hi-res music streaming and downloads, with its best-of-both-worlds Studio Chic tier providing hi-res streams and reductions on obtain purchases for £15 ($15) per thirty days. However the acquisition of e-onkyo music will enable the service to broaden its providing of hi-res music by offering native content material akin to J-Pop.
Qobuz has a library of over 70 million tracks and practically half 1,000,000 items of editorial content material.
It has been on one thing of a global push of late. In April, it expanded into the Nordic international locations of Sweden, Denmark, Norway and Finland, plus Australia and New Zealand. It guarantees that extra worldwide launches “ought to materialise within the coming months”.
It additionally lately launched personalised playlists and CarPlay online features.
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