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Spotify has announced that it will be introducing a lossless, CD-quality streaming tier dubbed Spotify HiFi in 2021. The popular audio streamer announced the news during its recent Stream On event, which confirmed that the new tier would be available in select markets beginning later this year. Pricing is yet to be announced, but for reference, the company charges $9.99/month and $14.99/month for its Individual and Family accounts, respectively.
“High-quality music streaming is consistently one of the most requested new features by our users,” Spotify noted in its announcement. “Spotify HiFi will deliver music in CD-quality, lossless audio format to your device and Spotify Connect-enabled speakers, which means fans will be able to experience more depth and...
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