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Amazon is prepping a high-fidelity music streaming service for a launch by year-end, according to a report from Music Business Worldwide — a site which also accurately reported Amazon’s recent launch of the free, ad-supported Amazon Music service for Echo device owners. As for the high-fidelity service, the plan is to charge around $15 per month for this “better than CD quality” offering — which could present a direct challenge to TIDAL.

It seems Amazon wants to cover the market both at the low-end and the high, by offering direct competitors to services like Pandora, Spotify, Apple Music and, now, TIDAL.

The company’s investment in music not only allows for new revenue streams through advertising and subscriptions, it also provides a direct connection to Amazon’s smart speakers: its Echo line of devices. For consumers pinching pennies, the ad-supported service streaming over an Echo Dot may be good enough. But those who bought, say, a stereo pair of Echo Plus devices and an Echo Sub, may want a better-quality music subscription, too.

Currently, those audiophiles may have sought something like TIDAL. The service’s Hi-Fi tier is $19.99 per month for CD-quality streams at 44.1 kHz / 16 bit. TIDAL also offers a Masters quality tier at 96 kHz / 24 bit. Deezer, meanwhile, streams 16-bit FLAC files.

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It’s unclear where Amazon’s high-fidelity service will fit in, as the bit rate isn’t known.

However, discussions are still in the early stages, the report notes — only one major record company is on board so far.

If Amazon proceeds to launch this high-fidelity service, it will have price points and feature sets that span the music-streaming market from free to paid to premium. That will help the company retain customers who may have otherwise jumped to a competitor for a differentiated offering. As a further incentive, Amazon could also choose to offer deals and discounts to its premium offering to those buying its smart speakers or subscribing to Prime — much as it does today with its $3.99 / month Amazon Music Unlimited plan tied to a single Echo device.

Many Americans are likely breathing a sigh of relief if they completed their taxes for the year, but experts say it’s never too late to begin thinking about next year.

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According to the IRS, the average refund doled out to taxpayers was essentially on par with last year’s – at $2,388 as of April 5, compared with $2,864 the year prior. As of the end of March, however, the IRS had issued $6 billion less in total refunds when compared with last year.

With the first filing season under the Tax Cuts and Jobs Act in the books, taxpayers might be particularly concerned about filing next year – especially if they encountered surprises regarding refunds or tax bills.

Tim Speiss, partner-in-charge of the personal wealth advisors group at EisnerAmper, said his firm began forecasting planning opportunities for April 2020 back in Dec. 2018 – since the tax laws changed so substantially.

The first thing Speiss recommends doing is checking your withholdings and assessing whether there is anything that needs to be adjusted. The IRS and Treasury Department urged Americans throughout the year to check those withholding amounts, but many did not, which resulted in refund – and tax bill – shocks for certain taxpayers. Speiss said many of his clients had to pay additional tax this season because they failed to check their withholding.

Taxpayers should also make sure they are familiar with changes to the law, so they can minimize their obligations as much as possible. That includes taking advantage of the 20 percent deduction for pass-through entities, when applicable, since many deductions for individuals were eliminated under the Tax Cuts and Jobs Act, Speiss noted.

Another area individuals should plan around is the estate tax. Republicans raised the estate tax exemption under the Tax Cuts and Jobs Act to $11.18 million, meaning assets valued up to that amount can be transferred without triggering the 40 percent tax. Speiss said that can be a valuable planning tool for individuals and couples filing jointly – for which the threshold is $22.8 million.

And lastly, Speiss recommends contributing as much as you can to retirement accounts – and considering the use of flexible health savings plans.

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A Health Savings Account (HSA), for example, allows an individual to contribute pretax dollars for the explicit purpose of spending those funds on future medical expenses.

You can contribute to an IRA and an HSA through the tax deadline to reduce taxable income.

With Disney/Marvel’s Avengers: Endgame busting every imaginable presales record in AMC’s history, the world’s No. 1 exhibitor is making sure the Russo Brothers pic is available on as many screens as possible with millions of tickets still available stateside.

As Deadline reported earlier, AMC — together with the No. 2 and 3 chains Regal and Cinemark — are estimated to be driving 90% of the $120M-plus advance ticket sales for Endgame, according to industry sources. That figure far exceeds the $100M presales made by Star Wars: The Force Awakens before it opened in December 2015.

This afternoon AMC reported that 29 of its theaters are scheduled to be open around-the-clock this Thursday through Friday for Endgame, with 18 open nostop from Thursday through Saturday. And on top of that, 17 additional AMC locations will be opening between Thursday night and Sunday for 72 hours straight.

“AMC guests have already purchased more tickets to Avengers: Endgame than we’ve ever sold in advance of a film’s release – and our first shows aren’t until Thursday evening,” said Elizabeth Frank, EVP Worldwide Programming for AMC. “With a desire to satisfy as many Marvel fans as possible on Thursday and through the weekend, AMC’s programming team is reviewing ticket sales theatre by theatre and adding showtimes later and later. In fact, there are multiple AMC locations that will be operating around the clock from Thursday night through Sunday.”

‘Avengers: Endgame’ $200M+ Promo Campaign Is Marvel’s Biggest Ever, Surpassing ‘Infinity War’ & More

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As far as those AMC locations showing all 22 titles in the Marvel Cinematic Universe this week, there are three in the U.S.: AMC Lincoln Square 13  in New York City, AMC River East 21 in Chicago and AMC Metreon 16 in San Francisco.

Stateside, box office analysts believe that Endgame should make between $260M-$270M domestically this weekend, with a shot at $300M. Avengers: Infinity War owns the domestic opening-weekend record with $257.6M nearly a year ago.

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New England Revolution Put Together Clean Sheet In 1-0 Win Over Rival New York Red Bulls And Record First Shot On Goal By A Center Forward This Season

Something happened on Saturday that hadn’t happened all seasons for the New England Revolution. 

A center forward recorded a shot on goal. 

It was forward Teal Bunbury in the 55th minute recording a shot on target, coincidently it was also New England’s first shot on goal in the match. 

The second and final shot on goal in the match? A shot by Cristian Penilla in the 73rd minute past the outstretched hand of Luis Robles to lift the Revolution over their rivals the New York Red Bull’s. 

“He (Penilla) was in a good mood all day, when he came off the bench he was in a great mood. And he is even in a better mood right now.” Said Coach Brad Friedel on Penilla.

With the win the Revs move to 2-5-1 on their MLS season bringing their point total to 7 which puts them in 9th place in the Eastern Conference Standings. 

The players know how huge the win could be for the team going forward and the icing on the cake was doing it against a heated rival. 

“I think right now, any win for us is huge.” Said Cody Cropper. “We needed this win and at home in front of our fans versus a rival. On “Darby” day if you want to call it that, its chilling. Obviously it gives us goosebumps. It’s huge, it can be a momentum builder.” 

It was a messy one at Gillette Stadium with rain coming down for much of the match creating a slippery playing surface for the players on the turf. 

“The turf is slick, the ball is coming through fast.” Said goalkeeper Cody Cropper.” You really have to trust your instincts, you have to deal with that first ball early. And just believe in your teammates and believe that they are going to be there to help clean up if you make a mistake or help pick you up if you do make a mistake.” 

First Clean Sheet Of The 2019 MLS Season 

For New England this was their first clean sheet since 10/28/18 against the Montreal Impact and their first one of the 2019 MLS season. 

“The goal believe or not in this game was the clean sheet.” Said Head Coach Brad Friedel after the game.”We’ve been leaking too many opportunities on quick attacks. We worked hard on the midfielders and we put Juan in a little bit of a different position. But we worked hard in training on that and making sure that far better back. That was first and foremost. I am really pleased that we got the clean sheet. When you have the clean sheet to build off of then that gives you confidence to create even more chances.” 

The person in net for the shutout? Cody Cropper who recorded 5 saves tying his career and season high. 

”Overall, I think we did the simple things right.” Said goalkeeper Cody Cropper.”Ultimately it comes down to winning the second balls, and winning the battle in the trenches, tonight we did that.”  

For Cropper it was his first clean sheet since 9/9/17, which came against the Impact. The 26-year-old keeper plans on upholding a tradition started by Matthew Reis of bringing in donuts for the team after recording a clean sheet. 

”Obviously I have the duty of bringing in donuts now, that Reisy started back in the day, so go to follow through with that. Teal is already telling me that I need to bring in like 48 donuts, so we will see how that goes.” Said Cropper 

Quick Turnaround With Montreal Impact Coming In On Wednesday

No rest for the weary in New England with the Revolution set to host the Montreal Impact on Wednesday. 

For the Revolution this win over New York can be a building block for them going forward with two more games coming up in less than 7 days. 

“When you are near bottom of the league, it was similar before we played Minnesota. It was important to try to claw back teams that are in front of you. We had result with Atlanta go our way right before the game. And it was just very important with Montreal coming up, they are four points ahead of us, I know it is early in the season but just to keep in touch with everyone and the clean sheet will breath a lot of confidence. So we will try to build off that going into the Montreal game.” Said Friedel after the match when looking forward.

New England and Montreal will face off on Wednesday at 7:30 pm. 

Last year, California passed the California Consumer Privacy Act, which requires companies to be more careful in the way they handle consumer data. It doesn’t go into effect until next year, and it’s still a work in progress. Big tech companies have been proposing almost constant changes to the law since it passed, while on the other side privacy advocates push for even more teeth. But however the final law is written, companies are also working on compliance, which is clearly confusing and can also be costly.

Host Molly Wood checked in with Jessica Lee, a partner at the law firm Loeb & Loeb advising clients on data privacy regulations. She said some companies are plowing ahead while others are trying to remake things in their favor. The following is an edited transcript of their conversation.

Molly Wood: The law doesn’t technically go into effect until next year. Where are companies doing now in the move toward compliance?

Jessica Lee: I see two tracks. Because there is a lot of movement on the legislative front, some companies are directing their efforts at engaging in lobbying activities, whether on the state level or trying to push the federal government to pass federal privacy legislation, which in the ideal world for these companies would preempt California. Other companies are at least trying to get started understanding that they might have to pivot or change or update some of the specifics about how they implement.

Wood: What was the overarching goal? What does it require companies to do?

Lee: This is really a bill that focuses on regulating the collection and then the transfer of personal data. There is a definition of sale, so there is a lot of language around restricting the sale of personal data, and sale is defined very broadly. You and I might think of sale as giving data in exchange for cash or some other monetary value, this could be sharing, transferring or disseminating orally an electronic copy for both monetary consideration or other valuable consideration. This really impacts a lot of data sharing deals that aren’t really data broker deals, but they’re deals where data is provided and the recipient gets some value from having it. For example, being able to improve their algorithm. The definition is fairly broad, and I think the goal was really to lift the cover on what happens online, which does involve a lot of data sharing, and to require companies to make more prominent notice about the fact that they’re engaging that kind of data sharing and give consumers the option to opt out, to have information deleted, corrected etc.

Wood: The obvious example here is how Facebook is able to say truthfully that it does not sell user data. But that answer to that question of what happens to our user data is still extremely narrow, because lots of app developers and advertisers still have pretty unfettered access to that data. Is that the kind of loophole that this would try to close?

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Wood: Do you have a sense of how much it might cost for a company to adapt to a law like this?

Lee: Yeah, it definitely will depend on size and then also how you implement. This is a California regulation, it applies to California consumers. But for many companies, they’ll have to apply this across the board. They won’t have enough information to determine who’s in California or who’s not. Even if they did, it might not make practical sense. This is something that’s going to have a nationwide impact. If you think about what happened for [the General Data Protection Regulation, we got numbers that were anywhere from $1 million to $10 million in terms of what it would cost to implement. I think we’ll see numbers that are similar here because you have the same type of costs. You have project management costs, technical infrastructure, legal fees, because you have to pay your lawyers to help advise on these things, and then the business cost of changing what your program looks like.

Wood: Data is an industry. There are companies who essentially founded themselves on the idea that data would be their revenue stream. Do you think we are getting to the point where regulation might become a deterrent for data as a business plan?

Lee: I don’t know if it will be a deterrent, I just think the structure and the model of the plan will have to change. I think historically a lot of this has gone on behind the scenes and hasn’t been appropriately communicated to the consumer. You don’t see me, but I have quotes around appropriate because it’s really hard to communicate what happens online and what happens with data. It’s hard to do that in a privacy policy or notice. It’s hard enough to do it when you explain it one to one. How do you educate consumers on what happens with their information so that they can make educated choices about what happens? I think data-driven business moves forward, but what shape it takes and how that model looks I think is a big question mark.

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