Spotify’s HiFi streaming could finally arrive this year

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It’s been nearly four years since Spotify announced a HiFi tier for its music streaming service that would support lossless audio. That wait could end this year, Bloomberg reports, as the company works to finalize details, including streaming rights.

Spotify could charge as much as $5 or $6 extra per month for the new tier — said to be named “Music Pro” — which is in line with estimates CEO Daniel Ek shared last year. Spotify’s Premium tier currently starts at $11.99 per month before family or student discounts, the result of two price…



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Spotify’s HiFi streaming could finally arrive this year


It’s been nearly four years since Spotify announced a HiFi tier for its music streaming service that would support lossless audio. That wait could end this year, Bloomberg reports, as the company works to finalize details, including streaming rights.

Spotify could charge as much as $5 or $6 extra per month for the new tier — said to be named “Music Pro” — which is in line with estimates CEO Daniel Ek shared last year. Spotify’s Premium tier currently starts at $11.99 per month before family or student discounts, the result of two price…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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