The news came out of Spotify's Stream On event, intended to reveal how the streaming-music giant wants to improve both creator and fan experiences on its service. Rival Tidal's high-quality-audio membership is $20 a month and offers lossless high-fidelity sound quality at 1411 Kbps and immersive audio with 360 Reality Audio and Dolby Atmos Music. Spotify said HiFi would be considered an add-on to its regular Premium account, which is $10 a month in the US - meaning Spotify HiFi is likely to cost about $10 in addition to the regular subscription price. It is expected to be priced competitively with other high-quality-audio streaming tiers, which in the US can cost $20 a month. Spotify said Monday that it will launch a new subscription offering called HiFi later this year in select markets, a new tier offering music with CD-quality sound in a lossless compression standard.
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