In a digital occasion as we speak, Spotify detailed a variety of updates and new options coming to the audio platform. One of the vital attention-grabbing bulletins is the brand new lossless “Spotify HiFi” that can be an add-on possibility for premium subscribers because the platform appears to extend its lead over rivals like Apple Music.
Earlier this month, we discovered that Spotify’s most up-to-date paid subscriber depend hit 155 million, a 24% improve YoY. We’ve seen Apple Music forward at completely different factors so far as progress in varied quarters, however Spotify nonetheless leads because the world’s hottest paid audio service.
With the objective of being the world’s finest audio platform, Spotify held a “Stream On” digital occasion as we speak detailing numerous new options, instruments, and intitiatives.
Spotify famous that one of the requested options from artists and customers has bee for increased high quality audio. In response, the platform goes to be launching “Spotify HiFi” in choose markets later this yr.
Spotify HiFi will ship music in CD-quality, lossless audio format to your gadget and Spotify Join enabled audio system, which suggests followers will be capable of expertise extra depth and readability whereas having fun with their favourite tracks.
The platform bought Billie Eilish and Finneas to speak a bit concerning the significance of top quality audio:
Spotify hasn’t shared how a lot the brand new HiFi entry will value, however we had been capable of affirm with the corporate that it is going to be an add-on for Spotify Premium subscribers. We additionally don’t know when it is going to arrive in “choose markets” aside from “later this yr.”
Notably, it will push the service forward of Apple Music, which nonetheless doesn’t provide a lossless possibility like Tidal or Deezer.
The older “Mastered for iTunes” content material was up to date and rebranded for Apple Music as “Digital Masters” again in 2019. Nevertheless, it’s nonetheless AAC – not lossless and doesn’t totally compete with 16- and 24-bit FLAC codecs provided by different companies.
Spotify additionally introduced a variety of different new options and instruments coming for artists and customers within the coming months like polls and Q&A performance, video assist in podcasts, a partnership with with WordPress to transform textual content into podcasts, and far more.
Spotify additionally famous it’s aiming to succeed in over a billion new customers in coming days by increasing into 80 new markets throughout Asia, Africa, Europe, the Caribbean and extra.
Try the entire Spotify information within the Stream On occasion beneath:
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