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Spotify says it still has plans to launch a lossless music experience, but it’s still unclear when or what it will look like.
It’s been over two years since Spotify announced it would introduce a “HiFi” premium tier that gives users access to a catalog of CD-quality music tracks. Initially, the tiers were said to be live by the end of 2021, but similar moves by rival streaming services have upended Spotify’s lossless strategy.
Since then, Apple Music has included a lossless listening option as part of its standard subscription price, and Amazon has stopped charging extra for its lossless music library. So the idea that Spotify would ask users to pay more for a comparable service seems unreasonable.
Spotify co-president Gustav Söderström said on Tuesday, The Barge“We’re going to do it, but we’re going to do it in a way that makes sense for us and our listeners. The industry has changed and we’ve had to adapt.”
“We want to do it in a way that works for us, also from a cost point of view,” continued Söderström. “For obvious reasons, I cannot comment on our label deal or what other players in the industry have done,” he added.
according to The BargeSpotify HiFi has been around for over a year, giving Spotify employees access to HiFi, but was originally meant to cost more than the standard plan. Given the move, Spotify’s lossless is expected to appear as part of a broader plan that includes access to spatial audio tracks and other perks for audiobooks and podcasts.
However, it is still unclear when the plan will arrive, and Söderström can only confirm The Barge That HiFi “comes someday”.
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