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
Over 2,000 episodes of ‘T…
02.09.2024
Over 2,000 episodes of “The Joe Rogan Experience” are now available on Apple Podcasts as the podcaster ends his exclusivity deal with Spotify. The podcast is now officially back on
Spotify, Epic Games, and …
03.01.2024
Spotify, Epic Games, Deezer, Paddle, and several other developers and EU associations today sent a joint letter to the European Commission to complain about Apple's "proposed scheme for compliance" with
Spotify Desktop App Updat…
06.21.2023
If you open up Spotify's desktop app on a Mac or PC today, things should look a lot more "mobile." That's because the company has redesigned the "Your Library" and
Spotify Updates iPhone Ap…
05.02.2025
As planned, Spotify has updated its iPhone app in the U.S. with out-of-app pricing and subscription options for its Premium plans. The latest version of the app is now available
Siri’s a disaster, and it…
06.26.2023
Macworld Welcome to our weekly Apple Breakfast column, which includes all the Apple news you missed last week in a handy bite-sized roundup. We call it Apple Breakfast because we
Apple reveals new details…
02.23.2024
This week, Financial Times reported the European Commission will issue its first-ever fine against Apple for allegedly breaking EU competition law in the streaming music market. The fine is expected
Music Publishers Accuse S…
05.16.2024
The National Music Publishers Association (NMPA) today sent a cease and desist letter to Spotify, accusing the music streaming service of using its members' copyrighted content without appropriate licensing. The
Apple might have to start…
05.15.2023
Macworld Welcome to our weekly Apple Breakfast column, which includes all the Apple news you missed last week in a handy bite-sized roundup. We call it Apple Breakfast because we
