Despite having Ads for the majority of their now 500 million subscribers, they just can’t seem to “stream” a profit. If the licensees require higher stream payments, they would have to. Spotify first announced HiFi more than two. So sure, they would want to raise their monthly fees. 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 clarity while enjoying their favorite tracks. Spotify’s mythical HiFi tier is coming at some point, at least according to a new update from the company’s co-president Gustav Sderstrm. Spotify already offers some of the lowest payments per stream.
Tiny services such as QoBuz are barely hanging in. Spotifys company co-president Gustav Söderström has raised hopes that a Spotify HiFi lossless audio tier could still be in the cards after all. 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 new content deals, and features for. Tidal is in an amorphous state, having major problems. So far, over the more than two decades that streaming has been around, almost every separate company doing it has failed. So Amazon, Apple, Google and possibly Microsoft, if they ever get their act together, will be able to do this.
I’ve been saying for several years that the only companies that will be able to offer music streaming on a large scale will be companies that offer it as a service, as additive to their other, much larger businesses.
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