Spotify readies premium tier with Hi-Fi audio and AI features

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 hikes in as many years.

Competitors like Apple Music include lossless streaming in their services' base price, but Spotify reportedly plans to justify the extra charge by including more features in Music Pro, including song remixing and concert ticket sales that would grant subscribers exclusive deals and early access.

Still, most regular listeners listening on their non-professional earbuds would struggle to distinguish between a track played on Apple Music, Spotify, or even Tidal's Max HiFi FLAC. Even still, Spotify needs to keep the gravy train rolling somehow.

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