Spotify’s HiFi streaming could finally arrive this year

Spotify is said to be planning to launch its long-awaited HiFi tier this year, according to Bloomberg.
The streaming company has yet to make a formal announcement regarding the premium offering, which would include lossless audio, but is said to be finalising details including streaming rights, having recently signed agreements with Warner Music and Universal Music.
It is estimated the tier, allegedly called “Music Pro”, could cost up to $6 e x t r a p er m o n t h, o n t o p o f t h ee x i s t in g p re mi u m f eeo f$ 11.99.
This would be more expensive than rivals such as Apple Music, which include lossless streaming in their basic fee, but Spotify is said to be keen to add value to the offering through features such as song remixing and exclusive concert ticket sales.

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