At its virtual StreamOn event, Spotify has announced that it’s getting ready to launch the long-awaited Spotify HiFi streaming service later this year, which will bring music in ”CD-quality, lossless audio format to your device and Spotify Connect-enabled speakers.”
‘’Artists and fans have told us that sound quality is important to them. We agree, and that’s why today at Stream On we announced Spotify HiFi,’’ said the company in an official blog post. ‘’Beginning later this year, Premium subscribers in select markets will be able to upgrade their sound quality to Spotify HiFi and listen to their favorite songs the way artists intended.’’
The world-famous music streaming app has been testing the HiFi service for a while, but now it’s getting ready to launch it globally starting with select markets.
Also Read: Spotify Revenue and Usage Statistics
How much Spotify HiFi will cost?
Spotify HiFi subscription price hasn’t been announced yet. In the blog post, the company said it’ll share more details soon.
Amazon launched its Amazon Music HD service which offers lossless audio quality in 2019. It’s monthly price is $14.99 ($12.99 for Amazon Prime). Another Spotify-rival Tidal charges $19.99 monthly fee for its ‘’Hi-Fi’’ solution.
Spotify said that Spotify Hi-Fi will be considered as an add-on to its existing Premium subscription which costs $10 per month. So, the total price is expected to be over $10, high probably $20 per month.