Spotify today announced its plans to roll out a new high-end subscription service, called Spotify HiFi, along with other new features and updates, including a new podcast morning show, content deals, and features for creators. Spotify HiFi will launch later this year to Spotify Premium subscribers in select global markets, allowing them to listen to music in “CD-quality, lossless audio format.”
The news was first announced at Spotify’s online event, “Stream On.”
The company said high-quality music streaming has consistently been one of users’ most-requested features, and touted the power of high-quality audio — even by roping in Billie Eilish to make comments on Spotify’s behalf during the livestreamed event.
Spotify also said the HiFi service service will work across devices, including on Spotify Connect-enabled speakers. It also said it’s working with some of the world’s biggest speaker manufacturers to make Spotify HiFi accessible to more fans via Spotify Connect.
But Spotify’s news was light on the details users will really want to know — like pricing, launch date or even which markets will support the new subscription at launch. We understand the subscription will be priced higher than the Premium offering, obviously, by the exact price will vary by market. It will also be marketed as a Premium “add-on.”
The company today also offered an update on its existing artist programs, noting that it had added 76,000 artists to playlists for the first time and highlighted 175 up-and-coming artists through its Radar program, which offers editorial and marketing support. It highlighted, too, how artists were using newer tools like Enhanced Albums, and its Stories feature, Clips, which it says will soon roll out to more artists.
And it touted plans to significantly expand access to its service’s global footprint, saying that, over the next few days, it will expand to new markets that will allow it to reach more than a billion people worldwide, nearly half of whom are already using the internet.
On the podcasts side, Spotify announced a new morning show, “The Get Up,” and a new multi-year content deal with the Russo Brothers.
On its podcast creation app, Anchor, Spotify said it’s partnering with WordPress to turn text into audio, add video to their podcasts, and access new interactive features like polls and Q&As in order to add real-time communication with fans to their shows.
More to come…