Spotify might be readying a hi-res audio Platinum plan

Spotify HiFi was introduced all the way in which again in February 2021, and though we now have heard little or no about it within the meantime, it now seems to be as if a launch of a higher-quality tier referred to as Platinum is now imminent.

A person who had canceled Spotify acquired in contact with 9to5Mac (opens in new tab) to say that the e-mail encouraging him to resubscribe talked about a Spotify Platinum plan for $19.99 a month (twice the usual value). That Platinum plan included a point out of Spotify HiFi.

In addition to the high-resolution audio, the e-mail additionally refers to options equivalent to Studio Sound, Headphone Tuner, Audio Insights, Library Professional, Playlist Professional and Restricted-ad Spotify podcasts – though we have no info on what all of them contain.

Not lengthy to attend

The e-mail in query additionally mentioned that the subscription tiers could be accessible within the subsequent 30 days, suggesting that we’ll see Spotify HiFi rolling out inside a month – doubtlessly with this new Platinum label hooked up to it.

Apple Music already consists of Lossless audio and the Spatial Audio function as a part of an ordinary $9.99 / £9.99 / AU$11.99 subscription. With that in thoughts, it is attainable that the powers-that-be at Spotify really feel they should provide extra to justify a value hike.

If the knowledge within the resubscribe e mail is appropriate, then we do not have lengthy to attend to know for certain – and as quickly as Spotify makes any type of official announcement, you’ll after all be capable of examine it right here.

Evaluation: will the worth be proper?

The lossless, CD-quality audio that has been promised by Spotify HiFi will convey it extra into line with providers equivalent to Apple Music and Tidal, however what’s not clear is simply how a lot an additional stage of audio constancy issues to the typical Spotify subscriber.

Asking customers to double their month-to-month fee goes to be a tricky promote – if certainly that’s how the pricing finally ends up – and including in some extra options is actually going to sweeten the deal. Precisely what Library Professional, Playlist Professional and the opposite options are stays to be seen, however they have to confer with additional performance of some form.

We have seen Spotify increasing its attain into podcasts and audiobooks in recent times, because it seems to be to entice in additional month-to-month subscribers. Getting current or new subscribers to pay double the going fee each month would completely increase the funds of the streaming service as properly.

Spotify itself has appeared unsure about when precisely Spotify HiFi was because of launch, and it appears as if that query is about to be answered. The subsequent query is how many individuals are literally going to pay for it.