The Verge, citing multiple sources, reports that Spotify will offer lossless, CD-quality audio via a service now known as Spotify Hi-Fi. Spotify is testing the price for the service, which will be either $5 to $10 extra on top of the $10-a-month subscription to Spotify Premium. They have posted screen grabs of in-app notifications promoting the new Spotify Hifi service, though different screen grabs seem to show slightly different price points and specifications - some include physical product upsell - hence the thinking that Spotify is still playing with the proposition.
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The move into Hi-Fi could lure loyalists to Jay-Z's Tidal streaming service back into the Spotify fold.
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Offering a hi-fi listening option would further help Spotify differentiate itself from the sea of other streaming music outfits out there. But when users clicked on the link, they were brought to a page that says there was an error or that the service isn't available in that area. The topic of lossless audio quality, however, isn't totally surprising for Spotify, and the decision may have been informed by Apple dropping the headphone jack in favor of its Lightning port, and manufacturers slowly but steadily adopting USB Type-C ports, according to The Verge. Some saw pricing at $20 and others at $15 a month, so Spotify is clearly still testing. While users have been excited by the new offering, it doesn't appear to be functional yet. But for those who are more inclined to be finicky about audio quality and all that jazz, the lossless audio format is way better than what we've been getting.