Back in February 2021 Spotify introduced a lossless tier for its streaming service that was dubbed “Spotify HiFi”, nonetheless, this new tier is but to truly launch. Since then rivals akin to Apple Music have launched their very own lossless catalogs, which apparently brought on Spotify to push again the launch of HiFi (which is internally generally known as “Supremium”).
Now Bloomberg experiences that HiFi might lastly be able to launch, but warns that the subscription worth will be increased. How a lot increased is unclear. Just a few months in the past there was a survey that urged a price ticket of $20, double the present $10 Premium plan.
Those are US costs, although Spotify might trial HiFi in different markets first earlier than bringing it to the States (much like how Netflix examined its password sharing ban in different markets to gauge buyer response).
Over the previous few years Spotify has moved into the podcast area with some success (and a few failures too). You’ve in all probability heard of The Joe Rogan Experience and should have seen the experiences that Spotify has parted methods with Harry and Meghan. But do you know that Spotify additionally sells audiobooks?
Currently, these are bought one after the other, in distinction to the “everything included” method to music streaming. This might change quickly because the Premium tier might get entry to audiobooks (and never the brand new Supremium plan, surprisingly, that might have helped justify the worth hike).
Users will be restricted to how a lot they may hear, but proper now it’s not clear if which means a restrict on the variety of hours listened monthly or the variety of completely different titles every month. The expanded entry to audiobooks will seemingly get a trial run in different markets first earlier than arriving within the necessary US market (which is anticipated to occur in October).
For comparability, Apple Music’s $11/month plan ($6/mo for college kids) contains entry to the lossless catalog. Amazon additionally lately set the worth of Music Unlimited to $11 (or $9 you probably have Prime).
Source (paywall) | Via
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