Spotify CEO confirms a 'deluxe' version with hi-fi audio is coming soon2024-07-24 18:01 by DanielaTags: Spotify
Spotify CEO Daniel Ek says the streaming service is still in the "early days" of its plans to bring hi-fi support to the platform. During the company's earnings call on Tuesday, the executive offered details about an upcoming deluxe tier. Spotify announced back in 2021 that it was going to roll out a new high-end subscription tier called Spotify HiFi. At the time, the company said the tier would allow users to upgrade their sound quality to a "CD-quality, lossless audio format." Fast-forward to the middle of 2024, and the company has yet to release the tier. "The plan here is to offer a much better version of Spotify," Ek said on the call with investors. "Think something like $5 above the current premium tier. So it's probably around a $17 or $18 price point, but sort of a deluxe version of Spotify that has all of the benefits that the normal Spotify version has, but a lot more control, a lot higher quality across the board, and some other things that I'm not ready to talk about just yet." The star of this deluxe version of Spotify is the lossless audio feature, which includes listening support for up to 24-bit/44.1kHz that’s going to be available for "limited songs" via the FLAC audio format. In addition, the upgraded tier is rumored to include the ability to generate custom playlists based on specific dates, events, activities, but the algorithm will also try to predict user preferences and create playlists accordingly. Read more -here-
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