Spotify Planning More Expensive Subscription Tier

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The Verge:

Spotify is reportedly planning to include lossless audio streaming in a new, more expensive subscription tier codenamed “Supremium” internally, according to Bloomberg. The lossless streaming feature was first announced in February 2021 as “Spotify HiFi,” but is still yet to release over two years later. Bloomberg reports that the new more expensive plan could release later this year, initially in non-US markets.

The pricing of Spotify HiFi has been a source of much speculation in the years since its announcement, especially after competitors Amazon Music and Apple Music started offering lossless streaming as part of their standard plans at no additional charge. Bloomberg reports that Spotify delayed the release of HiFi after Amazon and Apple’s announcements.

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