02.17.2025
Spotify users waiting to learn when the service's long-delayed high-quality premium audio service will materialize may finally have something to chew on. Bloomberg reports that the streaming service hopes to
The company is said to be developing the new premium subscription plan that will cost up to $5.99 per month on top of existing plans, offering high-quality audio streaming, remixing capabilities, and exclusive concert ticket access, reports the outlet.
Pricing and timing have yet to be nailed down as Spotify works to secure necessary rights from major music companies. The additional fee is likely to vary by region, with lower prices planned for "developing markets," said the publication.
The new tier is said to include AI-powered features allowing subscribers to mix songs from different artists. Spotify is also exploring various concert ticket sales strategies such as pre-sale access and premium seating options through discussions with major promoters and ticket vendors.
The new tier comes as Spotify looks to diversify its revenue streams and target devoted music fans who regularly spend money on merchandise, concerts, and fan clubs, according to the report. The company apparently believes the enhanced tier could attract millions of subscribers, despite the higher price point.
Development of the additional tier has been in the works for several years, coming after recent price increases for existing subscriptions and the introduction of audiobook offerings. Spotify previously announced plans for a Hi-Fi tier in February 2021, but a launch never materialized, even as rivals Apple Music and Amazon Music Unlimited began offering high-quality audio streaming within their standard subscriptions.
Given the progress of its competitors, Spotify's paid-for "Music Pro" tier will need to be a more comprehensive offering that goes beyond just improved audio quality and some AI-produced playlists. What's actually offered remains to be seen.
Tag: Spotify
This article, "Spotify Readies Premium Tier With Hi-Fi Audio and AI Features" first appeared on MacRumors.com
Discuss this article in our forums
You may also be interested in this
Spotify testing ‘Offline …
06.09.2023
Spotify has confirmed it is testing a new “Offline Mix” that gathers together all of your downloaded tracks into one playlist. more… The post Spotify testing ‘Offline Mix,’ its version
Spotify CEO urges EU to p…
02.26.2025
Daniel Ek, the CEO of Spotify, has criticized Apple for disregarding the European Union’s regulations on major tech companies. He has called on regulators to stand firm against White House
Spotify’s Car Thing…
12.11.2024
Spotify today shut down all Car Thing accessories, several months after announcing plans to discontinue the product. As of this week, Car Thing is no longer functional and will not
Spotify updates Mac app w…
06.20.2023
Spotify is rolling out a new desktop experience for the Mac version of its music streaming app, with updates including redesigns of the Your Library and Now Playing screens.Billed by
Once-dominant Apple Podca…
08.23.2024
Apple Podcasts loses market share -- a lot of it -- to new leaders YouTube and Spotify, according to new studies. Here's why. (via Cult of Mac - Apple news,
Apple on EU’s $2 billion …
03.04.2024
Apple on Monday released a statement, “The App Store, Spotify, and Europe’s thriving digital music market,” which addresses the European Commission’s decision claiming the App Store has been a barrier
Spotify Increases Premium…
07.24.2023
Spotify is increasing its Premium plan to $10.99 per month, up from $9.99, the company has announced. The price hike applies to users in the United States, the United Kingdom,
Spotify CEO Daniel Ek on …
01.26.2024
Spotify CEO Daniel EK today wrote a blog post criticizing the app ecosystem changes that Apple implemented in the European Union under the Digital Markets Act, accusing Apple of putting
