French streaming service Qobuz has acquired e-onkyo music, a high-resolution music download service previously owned by Japanese hi-fi maker Onkyo.
Xandrie SA, the parent company of Qobuz, now owns 85.1 percent of the shares of Xandrie Japan Co Ltd (to which Onkyo transferred its e-onkyo music assets), while Onkyo retains 14.9 percent. Onkyo, which recently sold its AV division to VOXX (owner of Klipsch), intends to “focus on its core business” as part of a “business restructuring plan”.
Qobuz already offers both streaming and high-resolution music downloads, with its Studio Sublime level the best of both worlds, offering high-resolution streams and discounts on download purchases for Â£ 15 ($ 15) per month. . But the acquisition of e-onkyo music will allow the service to expand its high-resolution music offering by offering local content such as J-Pop.
Qobuz has a library of over 70 million titles and nearly half a million editorial content.
Lately it has seen a kind of international push. In April, it spread to the Nordic countries of Sweden, Denmark, Norway and Finland, as well as Australia and New Zealand. He promises that more international launches “should materialize in the coming months.”
It also recently launched custom playlists and online CarPlay features.
We help you choose the best music streaming service in 2021
Where to buy high resolution music? Here are the best download sites
Feeling stuck? How to play high resolution music on your iPhone