I understand the technical aspects of the sampling rate, bitrate and mastering of media sources. However, if I play a Max Quality (24 bit, 192 kHz song on Tidal) or the high res lossless version in Apple Music from within the Sonos app or the Lossless capped version in Apple TV and compre vis a vis a Bluray, I find that the sound quality in terms of the fidelity, overall tight sound, louder, wider soundstage and greater feel iis observed when the source is Bluray.
My setup is Sony A95, Apppe TV and a mid range Sony Bluray player with Sonos Arc, 2 Era 300s and a Sub in a single room.