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Spotify HiFi is a lossless streaming tier coming later this year

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Spotify is going hi-fi. Well, “HiFi.” It’s taken longer than competitors like Tidal and Amazon Music, but today, the leading subscription music service announced a new lossless streaming tier that will allow listeners to get the most from their digital music library. The news came at today’s Spotify “Stream On” virtual event.

Spotify HiFi will be available later this year, according to the company. Spotify has tested higher-quality streaming in the past, but now it’s going to launch the new subscription more widely — but still “in select markets.” More details on the new offering are expected to follow after the event.

Amazon rolled out Amazon Music HD in 2019. The lossless plan costs $14.99 per month (or $12.99 for Prime customers), a…

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