Spotifythe famous service from music streamingis preparing to implement important changes which will affect both i subscription costs that the services offered to users. As reported by Bloomberg, not only a increase in current prices of subscriptions, but also the launch of a new type of subscription with advanced features.
Spotify’s new subscriptions
A. is expected increase in cost of subscriptions of approximately 5 dollars compared to current prices. This new plan will not only focus on pricing, but will include instruments to improve themusical experience of users, such as the possibility of create custom playlists and manage the music librariesas well as access to superior audio quality.
Gray Munfordspokesperson for Spotify, told The Verge: “At Spotify, we are always looking for new ideas to improve theexperience of our users and offer more value. At the moment we cannot comment on the speculations about any new features.”
One of the updates the most awaited is the launch of theHiFi subscriptionoriginally scheduled for 2021 but still in development phase. This subscription level aims to offer a 24-bit lossless audio, guaranteeing the highest listening quality available. According to what was leaked on Redditthe HiFi subscription will support a lossless quality until 2,117 kbps And 24-bit/44.1 kHz audio using the FLAC format.
The future of digital music
With these new initiatives, Spotify aims to maintain its position as leader in the market music streaming, trying to balance innovation and response to user needs. The 2024 it could be a crucial year to check if these improvements promises will result in one better experience for subscribers worldwide. While Spotify implements these updates, the industry is watching closely to understand how these moves will shape the future of digital music consumption.
